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To those that complain about electric vehicle subsidies...
1 posted on 12/30/2014 4:18:02 AM PST by LogicDesigner
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To: LogicDesigner

What an idiotic spin on Section 179.


2 posted on 12/30/2014 4:20:06 AM PST by 9YearLurker
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To: LogicDesigner
To those that complain about electric vehicle subsidies...

Electric vehicles are subsidized with tax credits, whether or not they are used for business purposes. These are accelerated tax deductions for business vehicles. All business vehicles qualify for tax deductions for the full value of the vehicle. These ones just get the deductions earlier. While not good, it's not remotely similar to electric vehicle credits, which consumers qualify for.

5 posted on 12/30/2014 4:57:34 AM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: LogicDesigner

Do you consider deducting business expenses from revenue to determine profit for taxes a subsidy?


7 posted on 12/30/2014 5:19:53 AM PST by thackney (life is fragile, handle with prayer.)
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To: LogicDesigner; All

http://www.section179.org/section_179_faqs.html


8 posted on 12/30/2014 5:23:26 AM PST by thackney (life is fragile, handle with prayer.)
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To: LogicDesigner

Breaking News, really?


11 posted on 12/30/2014 5:46:13 AM PST by LdSentinal
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