ZIP,ZERO.....the REASON our system is screwed.

ScienceChic wrote: Correct me if I'm wrong, but aren't those tax credits which means that they don't go to Tesla, and hasn't Tesla hit the cap already so purchases of their vehicles aren't even eligible?

First of all, you're right, Tesla didn't get that money, but taxpayers had to pay for that tax credit. Most of the people in this country can't afford to buy a Tesla, yet we had to pay anyway. If not for the tax credit (which yes, has been capped), do you really think Tesla would have been able to survive? If the answer is yes, then those tax credits should have never been given to those upper middle class and rich individuals.

ScienceChic wrote:
Did you also disapprove of the tax credit that small business owners received to purchase large, gas-guzzling SUVs back in 2003?

I can honestly say I wasn't aware of that tax break and would not agree with it unless it was for needed commercial vehicles that would help a small business compete with larger ones. An SUV imo should not have qualified unless that SUV was required to transport people, where a smaller vehicle would not have adequate capacity. But once again, you have to look at how bad congress works and how their historically inept legislation process always ends up getting it wrong.

www.forbes.com/sites/roberthart/2021/06/...fling-rules/?sh=1b83


TRUMP appointed financial regulator takes on crypto....SCAM says she. Regs. r being considered,so-o-o
IF u r "IN"....U might want to reconsider,reallocate.

Always back to Trump LOL, just in time.

ACTUALLY, it was a kudos to her mental acuity. SHE called...it is a scam.

Maybe they just need to stop spending so much. Biden restored aid to Palestine, which is controlled by Hamas. What did they do with your taxpayer dollars? They rewarded the families of "martyrs" with cash for attacking innocent civilians in Israel.

Rick wrote:

ScienceChic wrote:
Did you also disapprove of the tax credit that small business owners received to purchase large, gas-guzzling SUVs back in 2003?

I can honestly say I wasn't aware of that tax break and would not agree with it unless it was for needed commercial vehicles that would help a small business compete with larger ones. An SUV imo should not have qualified unless that SUV was required to transport people, where a smaller vehicle would not have adequate capacity. But once again, you have to look at how bad congress works and how their historically inept legislation process always ends up getting it wrong.

I am stunned U knew nothing about the tax break...it was based on WEIGHT OF THE VEHICLE,my past
friend,who was a realtor,bought the BIGGEST Ford EXPEDITION she could find. Tax write off was REAL
lucrative. At the most, she had three,poss four passengers...she had a GOOD ACCOUNTANT,her father.

homeagain wrote:
I am stunned U knew nothing about the tax break...it was based on WEIGHT OF THE VEHICLE,my past
friend,who was a realtor,bought the BIGGEST Ford EXPEDITION she could find. Tax write off was REAL
lucrative. At the most, she had three,poss four passengers...she had a GOOD ACCOUNTANT,her father.

Why would you be stunned? Do you know about every tax law that's ever been thought up by congress? I was very busy running a one man car dealership at that time and I didn't have a whole lot of interest in tax laws that didn't affect me.

As for getting the biggest Expedition possible, those only come in one size. If she wanted the biggest, she should have bought an Excursion which is quite a bit bigger and heavier, especially the diesel which I happen to own.

U R correct...I was in error,I meant Excursion....Since U were/are a small business person,it seemed likely
that U would take advantage of the tax.

JP MORGAN now warning about crypto currency and instability. There seems to be a decisive divide,
those who r enamored with earnings and those who think it is on thin ice.