Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 2 minutes ago, racer254 said: One put tax cuts in for EVERYONE, these are only give aways for people that follow an agenda....their voters. Trump tax cuts weren’t for Everyone. Quote Link to comment Share on other sites More sharing options...
racer254 Posted August 8, 2022 Share Posted August 8, 2022 1 minute ago, Anler said: Its the same as republican spending. They say its for something righteous but really they are stealing it. I am not giving them a pass, but at least I know I will not vote for someone who I know is going to spend, even though I don't want it. Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted August 8, 2022 Gold Member Share Posted August 8, 2022 2 minutes ago, BOHICA said: Trump tax cuts weren’t for Everyone. helped alot more people than solar panel credits Quote Link to comment Share on other sites More sharing options...
Pete Posted August 8, 2022 Share Posted August 8, 2022 8 minutes ago, BOHICA said: Solar tax credit, home efficiency upgrades credits, and EV credits for those that qualify and buy a qualifying vehicle etc etc etc https://www.reuters.com/business/autos-transportation/us-auto-trade-group-warns-ev-tax-proposal-would-make-70-ineligible-2022-08-05/ 2 Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 8, 2022 Share Posted August 8, 2022 8 minutes ago, racer254 said: Let me get this straight. You would rather just vote for the people who claim they want to spend spend spend? That is some ass backwards logic. What’s backwards is how fucking retarded you’d have to be to get that from what I posted. I’ve never voted for a dem and never will. Fucking stupid cunt Quote Link to comment Share on other sites More sharing options...
Anler Posted August 8, 2022 Author Share Posted August 8, 2022 6 minutes ago, BOHICA said: Just more tax cuts for some. It’s like Trump tax cuts but on steroids. It's not a tax cut if they are paying somebody for your free stuff. That's a subsidy and it's what they are raising your income taxes for so they can give it to the companies they are invested in. Aka theft. 3 2 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 8, 2022 Platinum Contributing Member Share Posted August 8, 2022 11 minutes ago, BOHICA said: Solar tax credit, home efficiency upgrades credits, and EV credits for those that qualify and buy a qualifying vehicle etc etc etc Govt shouldn't be paying for it. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 (edited) 3 minutes ago, Pete said: https://www.reuters.com/business/autos-transportation/us-auto-trade-group-warns-ev-tax-proposal-would-make-70-ineligible-2022-08-05/ Yep. That is why I said a qualifying vehicle. Many don’t qualify Edited August 8, 2022 by BOHICA Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted August 8, 2022 Share Posted August 8, 2022 3 minutes ago, racer254 said: I am not giving them a pass, but at least I know I will not vote for someone who I know is going to spend, even though I don't want it. If the spending was aimed at helping the average American get ahead, you would see the benefits over the long term. This is a self serving grift that just leaves them the bill. Laughing at those who are still playing sides. 2 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 Just now, Highmark said: Govt shouldn't be paying for it. They don’t…. They are tax credits Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 2 minutes ago, Anler said: It's not a tax cut if they are paying somebody for your free stuff. That's a subsidy and it's what they are raising your income taxes for so they can give it to the companies they are invested in. Aka theft. Tax credits are tax cuts Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 8, 2022 Platinum Contributing Member Share Posted August 8, 2022 1 minute ago, BOHICA said: They don’t…. They are tax credits Quote Link to comment Share on other sites More sharing options...
Anler Posted August 8, 2022 Author Share Posted August 8, 2022 8 minutes ago, BOHICA said: Trump tax cuts weren’t for Everyone. Did you notice that they did not reverse the Trump tax cuts for corporations and billionaires? They raised everyone's taxes who gets a paycheck. 3 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 1 minute ago, Highmark said: Let’s say you buy a new Silverado 1500 WT for a business. Any tax implications or benefits for buying, depreciating, deducting such vehicle from taxes owed by business. That is not a subsidy…. That is just a tax credit or deduction. That is all Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 2 minutes ago, Anler said: Did you notice that they did not reverse the Trump tax cuts for corporations and billionaires? They raised everyone's taxes who gets a paycheck. Trump’s tax cuts on everybody expire pretty soon. Not that they were much of any tax cuts on many individuals but rather tax increases. Yes business tax cuts were permanent Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 8, 2022 Platinum Contributing Member Share Posted August 8, 2022 Just now, BOHICA said: Let’s say you buy a new Silverado 1500 WT for a business. Any tax implications or benefits for buying, depreciating, deducting such vehicle from taxes owed by business. That is not a subsidy…. That is just a tax credit or deduction. That is all When it goes above and beyond normal deductions then its a subsidy. No different than farm subsidies. If it has to be "paid for" by special legislation its not normal accounting activities. 1 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 (edited) 4 minutes ago, Highmark said: When it goes above and beyond normal deductions then its a subsidy. No different than farm subsidies. If it has to be "paid for" by special legislation its not normal accounting activities. Every tax credit and deduction, for individuals and business comes from legislation. Is business write off’s, deductions and credits subsidies? Edited August 8, 2022 by BOHICA Quote Link to comment Share on other sites More sharing options...
Gold Member poopooforme Posted August 8, 2022 Gold Member Share Posted August 8, 2022 87,000 new IRS agents will get to keep a sharp eye on all of us small business owners. 80 billion in extra funding for the IRS. How the fuck has no one mentioned that yet? 87,000 NEW IRS AGENTS TO TARGET SMALL BUSINESS. THATS PRO BUSINESS POLICY RIGHT HERE AND YOU DEFEND THIS SHIT YOU CUCK BOHICA???? Just now, BOHICA said: Every tax credit and deduction, for individuals and business comes from legislation. Is business write off’s, deductions and credits subsidies? 2 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 Just now, poopooforme said: 87,000 new IRS agents will get to keep a sharp eye on all of us small business owners. 80 billion in extra funding for the IRS. How the fuck has no one mentioned that yet? 87,000 NEW IRS AGENTS TO TARGET SMALL BUSINESS. THATS PRO BUSINESS POLICY RIGHT HERE AND YOU DEFEND THIS SHIT YOU CUCK BOHICA???? Just pay what you owe as a business and you have nothing to worry about. Quote Link to comment Share on other sites More sharing options...
Gold Member poopooforme Posted August 8, 2022 Gold Member Share Posted August 8, 2022 1 minute ago, BOHICA said: Just pay what you owe as a business and you have nothing to worry about. And you know that is pure bullshit. You don't own a business or been audited before? Its pure hell. You do everything right and they still try and burn you at the stake. 2 1 Quote Link to comment Share on other sites More sharing options...
Snake Posted August 8, 2022 Share Posted August 8, 2022 13 minutes ago, BOHICA said: Let’s say you buy a new Silverado 1500 WT for a business. Any tax implications or benefits for buying, depreciating, deducting such vehicle from taxes owed by business. That is not a subsidy…. That is just a tax credit or deduction. That is all If you want less of something, tax it. If you want more of it, subsidize it. That is all. Quote Link to comment Share on other sites More sharing options...
Snake Posted August 8, 2022 Share Posted August 8, 2022 3 minutes ago, BOHICA said: Just pay what you owe as a business and you have nothing to worry about. My wife, the former IRS agent, laughs in your general direction... 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 8, 2022 Platinum Contributing Member Share Posted August 8, 2022 3 minutes ago, BOHICA said: Every tax credit and deduction, for individuals and business comes from legislation. Is business write off’s, deductions and credits subsidies? Yes and No.....all likely come from legislation but not all require a specific bill to pay for them. Small business' had a significant accounting change a few years back. It changed our taxes significantly if you did it but there were not funds set aside to pay for said changes. https://www.thetaxadviser.com/issues/2022/may/new-accounting-method-change-procedures-small-business-taxpayers.html Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 1 minute ago, Snake said: If you want less of something, tax it. If you want more of it, subsidize it. That is all. So business write-offs are subsidies Quote Link to comment Share on other sites More sharing options...
Snake Posted August 8, 2022 Share Posted August 8, 2022 Just now, BOHICA said: So business write-offs are subsidies Call it whatever you want... democrats change the definition of words all day long. Less... tax. More.. subsidize. 2 Quote Link to comment Share on other sites More sharing options...
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