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Free SUVs For Small Business Owners
Does it show it's an election year? :1orglaugh
http://4wheeldrive.about.com/cs/driv.../aa041603a.htm |
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Time to buy an H2 with a plow package :Graucho |
Ok so I have to use it more than 50% of the time to get the deduction.
Hmmm, ok got it. I will drive to every webmaster show. I will drive to pick up every sponsor check in person. That should cover it. :glugglug |
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I am sure an accountant could figure something out. :thumbsup |
According to the Detroit News, a business owner who purchases a Hummer H1 (MSRP $106,185) for business purposes could write off $25,000 of the purchase price as an equipment investment. Another 30% of the remaining purchase price (or $24,356) could also be deducted under a provision passed in Congress last year to stimulate the economy. The Hummer owner could then deduct 20% of the remaining purchase price (or $11,366) under regular depreciation rules. That's a total deduction of $60,722. Under the Bush plan, the total deduction for a Hummer H1 would go up to a potential $88,722.
:Graucho |
Just set up your day in the life of me website. Sure it may always opperate at a loss but still. You could just carry a camera around snap lots of pictures of wherever you go and post em. Walla lots of business use.
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gee, bush wants everyone to have an SUV.... with these gass prices? someone is slipping him some extra bills... or free gas
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Something's telling me he's getting a lot out of this! |
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lol you wish :Graucho |
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you can easily get the BMW X5 for free as the article points out
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Hasn't this been around for a while? I thought I remember some big tax deductions for certain classes of vehicles.. meant to help farmers but people were getting hummers with em?
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