Hummers fully tax-deductible this year - GoFuckYourself.com

TheLegacy · 09-29-2003, 11:42 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

quiet · 09-29-2003, 11:45 AM

sweet write off...

TheLegacy · 09-29-2003, 11:57 AM

almost makes me want to move to the usa

PM2 · 09-29-2003, 11:58 AM

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

slapass · 09-29-2003, 11:59 AM

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

SleazyDream · 09-29-2003, 12:00 PM

if I was american I'd own a hummer tomorrow

Fletch XXX · 09-29-2003, 12:03 PM

Sad.

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

webair · 09-29-2003, 12:05 PM

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

Bex · 09-29-2003, 12:11 PM

That is a sweet write off.

Moose · 09-29-2003, 12:17 PM

Quote:

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....

WiredGuy · 09-29-2003, 12:18 PM

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

WG

Fletch XXX · 09-29-2003, 12:18 PM

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.

Mr Pheer · 09-29-2003, 12:42 PM

Damn, I sold my H2

cluck · 09-29-2003, 12:46 PM

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.

BradShaw · 09-29-2003, 12:49 PM

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

Thrawn$ · 09-29-2003, 12:52 PM

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

EZRhino · 09-29-2003, 12:57 PM

Quote:

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.

Mr Pheer · 09-29-2003, 12:58 PM

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

lexr · 09-29-2003, 10:40 PM

Quote:

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.

NetRodent · 09-29-2003, 10:43 PM

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

fletcher · 09-29-2003, 10:44 PM

You mean the Bush administration finally did something beneficial?

EZRhino · 09-29-2003, 10:46 PM

Quote:

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.

Mr Pheer · 09-29-2003, 11:09 PM

Quote:

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.

Nima · 09-29-2003, 11:26 PM

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

Nezter

Sosa · 09-29-2003, 11:36 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?

JDog · 09-29-2003, 11:38 PM

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

jDoG

head_palooza · 09-29-2003, 11:47 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

This Thing Will Set You Back 88 Big Ones

Mr Pheer · 09-29-2003, 11:51 PM

Quote:

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

This Thing Will Set You Back 88 Big Ones

that thing is pretty ugly

TurboTrucker · 09-30-2003, 12:33 AM

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.

Sama · 10-01-2003, 09:22 PM

Lexr,
Still planning on it?

boneprone · 10-01-2003, 09:43 PM

shit...

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

You dont have to rush out abd buy a tank.

brand0n · 10-01-2003, 09:44 PM

heeelllooo write off

BluMedia · 10-01-2003, 10:51 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.

Jer · 10-02-2003, 05:57 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)

09-29-2003, 11:45 AM	#2
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	sweet write off... __________________ we'll miss you our friend. RIP

09-29-2003, 11:57 AM	#3
TheLegacy SEO Connoisseur Industry Role: Join Date: Apr 2003 Location: Brantford, Ontario Posts: 17,122	almost makes me want to move to the usa __________________ SEO Connoisseur Microsoft Teams: Robert Warren SEO Telegram: @TheLegacy54 RobertWarrenSEO.com

09-29-2003, 12:00 PM	#6
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	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.

09-29-2003, 12:03 PM	#7
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	Sad. Kids need text books and better teachers and all these alcoholic war mongers can think of is tax write offs. __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

09-29-2003, 12:05 PM	#8
webair Confirmed User Industry Role: Join Date: Feb 2002 Location: NYC, NY Posts: 8,531	That's because they can't get rid of them __________________ ~ Webair Dedicated Cloud Servers™ ~ WEBAIR VSYS™ Virtual Hosting Platform ~ Superior CDN Network ~ ~ Managed Dedicated hosting Specialists ~ DISCOUNT DOMAIN NAMES! ~ WEBAIR FUSION IO MANAGED CLOUD SERVERS! ~ *ICQ:* 243116321 - *TWITTER* - @WEBAIRINC - E-Mail: [email protected]

09-29-2003, 11:42 AM	#1
TheLegacy SEO Connoisseur Industry Role: Join Date: Apr 2003 Location: Brantford, Ontario Posts: 17,122	Hummers fully tax-deductible this year 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 __________________ SEO Connoisseur Microsoft Teams: Robert Warren SEO Telegram: @TheLegacy54 RobertWarrenSEO.com

09-29-2003, 11:58 AM	#4
PM2 So Fucking Banned Join Date: Jul 2003 Location: CHICAGO Posts: 504	so... which other cars weigh more than 6k? Like the offer, but not the hummer.

09-29-2003, 11:59 AM	#5
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,625	This has been around for awhile. Bush did not start this write off. He might have raised it. Why am I defending GW?

09-29-2003, 12:11 PM	#9
Bex Confirmed User Join Date: Feb 2003 Location: Canada Posts: 2,382	That is a sweet write off. __________________ www.NicheWealth.com

09-29-2003, 12:18 PM	#11
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,485	If only I was in America, that Hummer would be in my parking lot tomorrow ! WG __________________ I play with Google.

09-29-2003, 12:42 PM	#13
Mr Pheer Retired Industry Role: Join Date: Dec 2002 Posts: 21,293	Damn, I sold my H2 __________________ 2 lifeguards for Jessica

09-29-2003, 12:46 PM	#14
cluck Confirmed User Join Date: Dec 2002 Location: New Jersey Posts: 5,248	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. __________________ icq 279990726 www.mcdonalds.com <- great money making opportunity

09-29-2003, 12:49 PM	#15
BradShaw Confirmed User Join Date: Oct 2001 Location: KB's trailer Posts: 7,840	MANY trucks have a Gross weight over 6,000. MANY people are taking advantage of this loophole. __________________ Sig too big http://www.gofuckyourself.com/gfy_faqs.html Want to use a large banner in your sig??? Contact Eric about getting on as an advertiser - eric AT adult.com

09-29-2003, 12:52 PM	#16
Thrawn$ Confirmed User Join Date: Apr 2002 Location: Mtl Posts: 4,596	More big trucks, more oil needed, more money for bush __________________ Tracking 202 \| Start Tracking PPC Campaigns Like A Pro

09-29-2003, 12:58 PM	#18
Mr Pheer Retired Industry Role: Join Date: Dec 2002 Posts: 21,293	wow, can tell how many webmasters in this thread arent in the top tax bracket yet __________________ 2 lifeguards for Jessica

09-29-2003, 10:43 PM	#20
NetRodent Confirmed User Join Date: Jan 2002 Location: In the walls of your house. Posts: 3,985	The original hummer was somewhat classy. The new hummer is horribly ugly. __________________ "Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats." --H.L. Mencken

09-29-2003, 10:44 PM	#21
fletcher Confirmed User Join Date: Jan 2003 Location: Austin, TX Posts: 698	You mean the Bush administration finally did something beneficial? __________________   [email protected] ICQ: 6411138

09-29-2003, 11:26 PM	#24
Nima Confirmed User Join Date: Feb 2003 Posts: 2,192	fucking taxes!!! Time to buy another car for some more tax write off Nezter

09-29-2003, 11:36 PM	#25
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	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?

09-29-2003, 11:38 PM	#26
JDog Confirmed User Join Date: Feb 2003 Location: Canby, OR Posts: 7,453	Sweet, looks like I'm gonna go buy a Hummer, but do I have to get the H2, cuz I hate the H2~ jDoG __________________ NSCash now powering ReelProfits.com ALSO FEATURING: NSCash.com :: SoloDollars.com :: ReelProfits.com :: BiminiBucks.com :: VOD PROGRAMS COMING SOON: Greedy Bucks :: Vengeance Cash NOW OFFERING OVER 60 SITES CONTACT :: JAMES SMITH :: CHIEF TECHNOLOGY OFFICER :: ICQ (711385133)

09-29-2003, 11:47 PM	#27
head_palooza I have traffic for sale! Join Date: Aug 2003 Posts: 142	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 This Thing Will Set You Back 88 Big Ones __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

09-30-2003, 12:33 AM	#29
TurboTrucker Confirmed User Join Date: Jan 2003 Location: Phoenix Arizona Posts: 2,363	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. __________________

10-01-2003, 09:22 PM	#30
Sama Confirmed User Join Date: Aug 2002 Location: Florida Paradise Posts: 1,445	Lexr, Still planning on it? __________________ Make Money With Our Virgins! Cash Bonuses for Everyone! $600 Bonus to $25K Bonus!

10-01-2003, 09:43 PM	#31
boneprone Hall Of Fame Industry Role: Join Date: Jan 2001 Location: Portland Oregon USA Posts: 34,415	shit... Lease any car and you can write it off in our biz.. You dont have to rush out abd buy a tank. __________________ Industry Hall Of Fame Legend Mike Jones Bow to the Power - Still BP4L http://gfyawards.com/hall-of-fame Learn about it kids.

10-01-2003, 09:44 PM	#32
brand0n been very busy Join Date: Nov 2002 Location: the queen city Posts: 26,983	heeelllooo write off __________________ want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.

10-01-2003, 10:51 PM	#33
BluMedia Confirmed User Industry Role: Join Date: Dec 2002 Location: Colorado Posts: 3,973	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. __________________ IntenseCash - If you can't convert us then you might want to look for a new job . BrokeStraightBoys.com converting 1:124 stats counted by Nats

10-02-2003, 05:57 AM	#34
Jer God is Brazilian Join Date: Feb 2001 Location: Brazil Posts: 10,601	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)