Hummers fully tax-deductible this year - GoFuckYourself.com - Adult Webmaster Forum

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TheLegacy

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#1

Hummers fully tax-deductible this year

09-29-2003, 10:42 AM

Washington Post

"'Allow me to introduce you to a fabulous opportunity,' Chris Thorpe, a sales representative for Hummer of Alaska, writes in a promotion letter. 'A tax "loophole" so big you could drive a Hummer H2 through it!

Imagine being able to purchase the #1 large luxury SUV in America today ... and receive a deduction for the entire purchase amount from your taxes this year!

Thanks to the Bush administration's recent economic stimulus package, small businesses and the self-employed are eligible to deduct the entire purchase cost of new equipment up to $100,000 the year of the purchase.

The Hummer H2 qualifies for this IRS Sec. 179 deduction by its gross vehicle weight of over 6,000 lbs.'"

http://www.washingtonpost.com/ac2/wp...nguage=printer

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#2

09-29-2003, 10:45 AM

sweet write off...

we'll miss you our friend. RIP
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#3

09-29-2003, 10:57 AM

almost makes me want to move to the usa

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PM2

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#4

09-29-2003, 10:58 AM

so... which other cars weigh more than 6k? Like the offer, but not the hummer.
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slapass

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#5

09-29-2003, 10:59 AM

This has been around for awhile. Bush did not start this write off. He might have raised it.
Why am I defending GW?
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SleazyDream

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#6

09-29-2003, 11:00 AM

if I was american I'd own a hummer tomorrow

This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

Now read without the word dog.
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#7

09-29-2003, 11:03 AM

Sad.

Kids need text books and better teachers and all these alcoholic war mongers can think of is tax write offs.

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#8

09-29-2003, 11:05 AM

That's because they can't get rid of them

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#9

09-29-2003, 11:11 AM

That is a sweet write off.

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Moose

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#10

09-29-2003, 11:17 AM

Originally posted by PM2
so... which other cars weigh more than 6k? Like the offer, but not the hummer.

There are 38 SUV's in the category of "light trucks over 6,000 lbs".
Navi's , Escalades , Tahoes etc....
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#11

09-29-2003, 11:18 AM

If only I was in America, that Hummer would be in my parking lot tomorrow !

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Fletch XXX

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#12

09-29-2003, 11:18 AM

Hmm so many single moms have to take the public bus to work nowadays youd think they would have some kind of thing set up for single families who may need a car for school and work.

But naaaaah, we could NEVER take care of the little man.

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#13

09-29-2003, 11:42 AM

Damn, I sold my H2
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#14

09-29-2003, 11:46 AM

Great, more of the government's money going towards free shit for people who don't need nor deserve it.

If you can legally steal a hummer from the taxpayers and drive by a homeless person in it and not feel bad I feel sorry for you.

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#15

09-29-2003, 11:49 AM

MANY trucks have a Gross weight over 6,000. MANY people are taking advantage of this loophole.

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#16

09-29-2003, 11:52 AM

More big trucks, more oil needed, more money for bush

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#17

09-29-2003, 11:57 AM

Originally posted by cluck
Great, more of the government's money going towards free shit for people who don't need nor deserve it.

Yea it is stupid loop hole, it was meant for farm equipment and transportaion companies. But I got to say I worked hard for my car, home and toys and I deserve what I work hard for. Dont hate the player, hate the game.
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Mr Pheer

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#18

09-29-2003, 11:58 AM

wow, can tell how many webmasters in this thread arent in the top tax bracket yet
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#19

09-29-2003, 09:40 PM

Originally posted by EZRhino

Yea it is stupid loop hole, it was meant for farm equipment and transportaion companies. But I got to say I worked hard for my car, home and toys and I deserve what I work hard for. Dont hate the player, hate the game.

In fact, after I read the portions of the tax code about this and feel confident I'm going to go and get myself an H2. Probably within a week or so. I'll post pics (with naked women too), but it's not like it's a Lamborghini or anything.

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#20

09-29-2003, 09:43 PM

The original hummer was somewhat classy. The new hummer is horribly ugly.

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#21

09-29-2003, 09:44 PM

You mean the Bush administration finally did something beneficial?

 
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#22

09-29-2003, 09:46 PM

Originally posted by MrPheer
wow, can tell how many webmasters in this thread arent in the top tax bracket yet

They must be in this business for the artistic value of their content and the advancement of the first Amendment. I'm just in it for the money.
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#23

09-29-2003, 10:09 PM

Originally posted by Fletch XXX
Hmm so many single moms have to take the public bus to work nowadays youd think they would have some kind of thing set up for single families who may need a car for school and work.

But naaaaah, we could NEVER take care of the little man.
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Nima

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#24

09-29-2003, 10:26 PM

fucking taxes!!! Time to buy another car for some more tax write off

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#25

09-29-2003, 10:36 PM

I need to talk to my accountant about this. Got a Escalade this past June. I'm not totally working from home as I have a tech job that I travel 40 miles/day too also. Hmmmm any ideas?
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#26

09-29-2003, 10:38 PM

Sweet, looks like I'm gonna go buy a Hummer, but do I have to get the H2, cuz I hate the H2~

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#27

09-29-2003, 10:47 PM

Went to Porsche dealer today
Asked weight of 2003 Porsche Cayenne Turbo
The Manual Says it Is Just Over 6000 Lbs Gross weight

this tax Break For Gas Guzzlers Is for Gross weight over 6000 Lbs
add This To Shopping List

http://www.caranddriver.com/article....rticle_id=6847

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#28

09-29-2003, 10:51 PM

Originally posted by head_palooza
Went to Porsche dealer today
Asked weight of 2003 Porsche Cayenne Turbo
The Manual Says it Is Just Over 6000 Lbs Gross weight

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that thing is pretty ugly
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#29

09-29-2003, 11:33 PM

Looks like you can just deduct the full price at once instead of depreciating it. Still has to be a legit business purchase though, if you aren't buying it to use exclusively for business use you can't deduct 100% of the cost. Well, you know - technically.
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#30

10-01-2003, 08:22 PM

Lexr,
Still planning on it?

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#31

10-01-2003, 08:43 PM

shit...

Lease any car and you can write it off in our biz..

You dont have to rush out abd buy a tank.

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#32

10-01-2003, 08:44 PM

heeelllooo write off

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#33

10-01-2003, 09:51 PM

Ok so if you drive an suv you are supporting terroism but then you can write it off, WTF what kind of monkey is running this country oh wait a minute I just remembered.

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#34

10-02-2003, 04:57 AM

What does "tax deductible" really means?
1 - You wont pay tax on the money you use to buy the car
2 - You can deduct the money spent on the car off your tax (ie. if you owe 60k to the IRS in taxes and buy the hummer for 50k - I have no idea how much it costs - you'll need to pay just 10k)
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