Posted on 12/15/2004 5:02:39 AM PST by dnmore
standing in the parking lot of an enormous shopping mall, staring at a Ford Excursion. A 7,700-pound hunk of metal, the Excursion gets horrible gas mileage, while spewing massive amounts of hydrocarbons into the atmosphere.
It's the official policy of our federal government to offer Americans bribes, in the form of huge tax deductions, to encourage the purchase of such vehicles. In 2003, Congress enacted a provision allowing people who bought SUVs weighing at least 6,000 pounds to deduct the entire purchase price from their taxable income, if they claimed to use the things for "business purposes."
[snip] You, sir (or madam), are a monumental jackass. At this moment, American troops are risking their lives to protect your inalienable right to live your life in an impenetrable fog of selfishness and stupidity.
If not for the need to service this grotesque monstrosity on which you squander your money and that of the taxpayers who subsidize your comfortably numb life, those troops you support would not be getting killed and maimed in a country I doubt you could find on a map
(Excerpt) Read more at dailycamera.com ...
OMG i wish someone would start spewing such a diatribe at me while driving xshub's Sequoia. i would relish that exchange!
OMG what a communist dumbass!!!!!!!! (the article author)
My (2) SUV's love Iraqi oil.
The total deduction has never changed high-gross vehicle weight trucks used for business, only the acceleration of the depreciation.
Facts never bother a liberal on a rant.
Actually, up until October of this year, you could expense the entire cost of a 6000# vehicle. Now you can only expense up to $25,000 of that expense. My hubby and I considered buying an SUV to get that deduction but we decided to stick with our Honda minivan.
More correctly stated would be...The Peoples Republic of Boulder. The majority of Coloradans take this rant for what it is...hogwash.
I love to drive through Boulder in my 1Ton Diesel Dually pickup...and push in the clutch and rev up the engine when i pass a bicyclist. ;-)
Reading this and hearing Paul Shanklin's "In A Yugo" in my head.....but then "Nadine" by Chuck Berry cuts in and reminds me to hold onto my coffee-colored Cadillac....
Uh, sort of:
Paul Campos is a law professor at the University of Colorado and can be reached at Paul.Campos@Colorado.edu. So this guy jerkweed just sits in his Ivory Tower and has ZERO knowledge of the real world.
BTW, he is undoubtedly a commie as there's more to his little anti-capitalism rant:
Drive off, Ford Excursion. Head back to your gated community, to patiently await the Rapture, or the next Nordstrom's sale.
Do you mean "Maybelline"?
AS I was motivatin' over the hill
I saw Maybelline in a Coupe de Ville...
No, I meant "Nadine"
I saw her from the corner when she turned and doubled back
And started walkin’ toward a coffee colored Cadillac....
He certainly is. The last paragraph is a nice little commie rant.
But here's the ironic part - this dumb-ass is spewing his tripe from a State School - at the TAXPAYERS expense. Those same evil capitalists he soooooooo detests!
University of Colorado at Boulder School of Law, 401 UCB Boulder, CO 80309-0401, Office: 303-492-6053, Official Title: Professor, Department: School of Law
And I wonder how this COMMIE would feel if the capitalist TAXPAYERS said a big "SCREW YOU", to his yearly higher PENSION benefit increases! I don't think he'd approve. Heck he might have to find a REAL JOB then :-)
Mercat --
I think we both may need to speak with our accountants. My wife owns and operates her own small business which requires the delivery of large finished goods. She still gets to eventually FULLY (i.e., to zero if need be) depreciate her 6000 lb+ SUV. We got accelerated depreciation last year. Maybe not this year -- our accountant may correct me.
But I seriously doubt the tax law has changed to limit TOTAL depreciation to the first $25,000 over the life of the depreciating asset/ business expense.
This could be a learning experience. ;-)
One of us will be right, but I know the author is wrong. How 'bout that?!? ;-)
Mmm mmm mmm nothing like filling up my colossal 8.0 liter machine with a good ten gallons of premium-grade Iraqi baby blood just to get me through my morning commute. :-P
no no ... the whole thing can eventually be depreciated but only the first $25,000 in the year purchased can be expensed.
Right -- we are on the same page.
There never was an extra special 'gift' or loophole. Just accelerated depreciation. Now that can't exceed 25K in the 1st year.
I saw her from the corner when she turned and doubled back And started walkin’ toward a coffee colored Cadillac....
I guess I never heard that one! Maybe it's in my kid's collection.
came out in summer of 63, I believe....it's on "the great 28" which is THE essential Chuck Berry CD
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