$5000.00 stim from gov to buy golf carts **WTH

[shoalsfugro]

**?

http://www.cato-at-liberty.org/2009...vernment-and-im-here-to-give-you-a-golf-cart/

 

[yamatitan]

Heard that on walton and Johnson this morning I think im going to go pick one up.

 

[Suburbazine]

I gotta go get me one.

 

[CZowner07]

We're white we dong get one.

 

[Yrdawg]

We're white we dong get one.

Runnin from room screamin and pullin hair...............

Nooooooooooo

Honesty like that is called racism in lots of places, me, I call it ...oh I already called it honesty

 

[SKIPP3RLANDRY]

its paid for by taxing hearing aids and wheelchairs (that was found in the health care bill this weekend)

 

[jgreco15]

so how do i get my free golf cart? i want one if it is indeed free. i didn't really understand the article and how it worked.

 

[penguin]

I wish it was for golf carts. The IRS brief specifically excludes ELVs that are made for off road use. The IRS stated that golf carts, no matter what equipment is on them, are excluded from this credit. Also, the credit tops out at 10% of the value of the vehicle.

With that said, I've seen conflicting info on this. I'll look into it more and see what I find as I'm in the market for a cart now. BTW, I'm white...lol

 

[jgreco15]

anyone ever heard anything else about this? i haven't read anything about it besides here.

 

[penguin]

It's for NEV (neighborhood electric vehicles). Golf cars are on there but they have to have certain equipment. You can get it for free after the tax credit.

Skip, what you said is true and false. What the proposed legislation change says is that the threshold for taxing those things would be raised from 7.5 percent to 10 percent, meaning that people whose medical device expenses do not amount to 10 percent of their taxable income would not get the deduction and would have to pay taxes on those expenditures at regular rates. People already pay taxes on those things, it's just a change in the rate. I don't agree with this unless the .gov wants to increase the COLA for retirees. Of note, the proposed legislation won't start until 2014.

 

[jgreco15]

It's for NEV (neighborhood electric vehicles). Golf cars are on there but they have to have certain equipment. You can get it for free after the tax credit.

so you're telling me i could go and buy a NEV and get my money back on next year's tax return?

 

[oleheat]

Hey- what say a few of us form a corporation & seek a Federal Stimulus Package to fund a "whitetail deer study" at the Sanctuary Ranch in Michigan this winter?

 

[Mjolnir]

Hey- what say a few of us form a corporation & seek a Federal Stimulus Package to fund a "whitetail deer study" at the Sanctuary Ranch in Michigan this winter?

I'm in!

 

[penguin]

Did more research. It's not a dollar for dollar
tax credit, per se. You'll get a credit against your adjusted income tax which means you'll probably mean you'll get a 25% full credit.

 

[SKIPP3RLANDRY]

It's for NEV (neighborhood electric vehicles). Golf cars are on there but they have to have certain equipment. You can get it for free after the tax credit.

Skip, what you said is true and false. What the proposed legislation change says is that the threshold for taxing those things would be raised from 7.5 percent to 10 percent, meaning that people whose medical device expenses do not amount to 10 percent of their taxable income would not get the deduction and would have to pay taxes on those expenditures at regular rates. People already pay taxes on those things, it's just a change in the rate. I don't agree with this unless the .gov wants to increase the COLA for retirees. Of note, the proposed legislation won't start until 2014.

Doesn't all this make you want to take their heads and shove it up their asses and then yell, "See what you make us deal with every day, but exclude yourselves from via legally writing "and congress is exempt from this ****" at the end of every bill?"

/sadface

 

[Bayoupiper]

Hey- what say a few of us form a corporation & seek a Federal Stimulus Package to fund a "whitetail deer study" at the Sanctuary Ranch in Michigan this winter?

Genius!



.

 

[JadeRaven]

Did more research. It's not a dollar for dollar
tax credit, per se. You'll get a credit against your adjusted income tax which means you'll probably mean you'll get a 25% full credit.

So it's a below the line deduction?

 

[DWT]

I want one of the ones tricked out for sporting clays.