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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?

To: Honey_Bee who wrote (192)	1/26/2009 12:29:09 PM
From: joefromspringfield	Respond to of 3605

Honey reported: "Brinker recommended two tax-code changes that he believes would help with the financial/banking situation: Firstly, he suggested that vehicle loans be made deductible again, like they used to be years ago. Second, he thinks that depreciation should be accelerated for business vehicles." I have been talking with a friend about the auto bailout. We both think it will be extremely difficult to save these auto companies. The US government can give them money to build all the cars they want but it won't help if people don't buy them. I suggesed that the government could give a tax credit to cars purchased from the companies being bailed out. My friend said that the Italian government has been doing something like that for years with Fiat. As to Brinker's idea of accelerated depreciation for business vehicles, one of the Bush tax cuts did that. I remember Brinker bashing it because SUV's were considered to be light trucks. Brinker didn't like the idea of giving people incentives to buy SUV's. I know a guy who owns a large roofing company. It seemed like every year I saw him he was driving a top of the line Mercedes S class. One year he had a new Hummer. It was the biggest one. I suspect he bought it because of the tax benefits. While Brinker didn't like this I thought it was a good idea since this guy went from a foreign made car to a car made in the US.

To: Honey_Bee who wrote (192)	1/26/2009 12:55:48 PM
From: Kirk ©	Respond to of 3605

Firstly, he suggested that vehicle loans be made deductible again, like they used to be years ago. Second, he thinks that depreciation should be accelerated for business vehicles. Dollars to donuts Brinker took a flier on GM and/or Ford and is using the airwaves to help them not go under. 8)