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To: PAR35

The discount isn't that great. The effective result of the discount is that you are basically even when you drive the car off the lot (wheras you'd be $1k-$2k in the hole otherwise).

You also have to pay taxes on the discount. That's right, it's considered a taxable benefit.


155 posted on 01/27/2006 1:37:28 PM PST by brianl703 (Illegal aliens are to businessmen as Cliff's Notes are to college students.)
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To: brianl703

The typical discount that I have seen for employees and supplier employees can be twice what the general consumer can get. That's an additional $1500 or more on many cars.

If that benefit is being taxed, then you have a problem with the government. The manufacturer isn't responsible for the tax consequences.

www.pafairtax.org


219 posted on 01/27/2006 10:46:19 PM PST by Badray (In the hands of bureaucrat, a clip board is as deadly as a gun.)
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