Whatta great CON! Cash 4 Clunkers rebates are TAXABLE INCOME!!!

Discussion in 'Current Events' started by Midnight Marauder, Aug 25, 2009.

  1. Midnight Marauder
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    Midnight Marauder BANNED

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    Ya KNEW there had to be a catch!

    Whoops! Cash For Clunkers Payments Are Taxable!

    :rofl: :rofl: :rofl:

    That'll leave a bad taste in some mouths!

    I'm gonna need OXYGEN to get through this laugh.... Be back later after I recover..... Can barely type.... They wanna also run our health care..... can't stand it will be back later....

    :rofl: :rofl: :rofl:
     
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  2. Oldandtired
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    Oldandtired BANNED

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    I will say this........it was not made obvious to the people.

    The gpovernment did what they chastised the credit card companies for doing....put the imp-ortant stuff in the fine print.
     
  3. Ravi
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    Ravi Diamond Member

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    Wow, in my town that would be a whopping $270. The horror.
     
  4. Midnight Marauder
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    Midnight Marauder BANNED

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    Yeah! That makes it a-okay that our federal tax dollars are going into state and local coffers by way of this boondoggle!

    You should send them double ravi, you seem to like getting the greased pole so much! :rofl:
     
  5. Ravi
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    Ravi Diamond Member

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    Not quite, nice try.
     
  6. ba1614
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    ba1614 Silver Member

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    $270 is still $270 to me, and it could be a whole lot more if it's enough to put them in another tax bracket!
     
  7. Midnight Marauder
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    Midnight Marauder BANNED

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    Then what? You're reflexively defending this by trying to make it sound like it's no big deal! It's perfectly okay with you, correct?

    Yes.
     
  8. Ravi
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    Ravi Diamond Member

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    It's sale tax, not federal income tax. You guys aren't too bright, are you? Oh, wait...you proved that with four years of Bush.
     
  9. Ravi
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    Ravi Diamond Member

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    Why wouldn't it be okay? You pay sales tax on the full purchase price, no matter who pays the purchase price. It's not rocket science...but tell me, why would you want to rip off your state? Most states are hurting for tax revenues these days.
     
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  10. Midnight Marauder
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    Midnight Marauder BANNED

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    Idiot, we KNOW it's state and local taxes. So not only do you have the registration, state and local tax on the car, now you also have the taxes on the c4c rebate from the gubmint!

    And they want to run our HEALTH CARE next!

    And it only took eight replies for one of the Obamaphiles to evoke BOOOOOOOOOSH!!!
     
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