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

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.
Strawman argument. The GOVERNMENT is ripping YOU off, by not making this rebate non-taxable! Because they didn't think it through.

And by the way, my state doesn't collect any state income tax, and is IN THE BLACK as in, SURPLUS.
Again, idiot, the federal government cannot control what the state considers taxable. But you go right ahead and lobby the fed takeover of your state. :rofl:
And once again, idiot, I already blew away that pathetic strawman!
 
Not quite, nice try.
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.

No matter what this administration throws at the American people, Ravi is going to be good with it.

And the Cons would complain if Obama started farting gold dust, and using the resulting precious metal to pay off the national debt.

You people have done nothing but nay-say, bitch and moan since day one.
 
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!!!
The federal government cannot regulate state sales and income tax. I certainly hope you aren't advocating that. If you weren't so afraid to visit cars.gov you'd have known this ahead of time.
You're impossibly stupid and dishonest. IF they made this rebate NOT taxable, that would NOT be regulating state sales and income tax. It would be controlling their own federal program.

Have you nothing but strawmen?
What are you smoking? The federal government can decide what is considered taxable income by the IRS. They decided this was not taxable income for the purchaser of the car, though it is taxable to the dealer. It's very clear on the website.

The federal government cannot decide for the state what the state decides is taxable income. If a state wants to waive this they may...but the fed cannot make the decision for them.
 
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.

No matter what this administration throws at the American people, Ravi is going to be good with it.
:lol: I'm actually not an Obama fan
You actually are, you reflexively defend everything he does, and you continue to stick to your lies and strawmen even after they're repeatedly proven wrong.

You're a waste of bandwidth, truly.
 
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!!!
The federal government cannot regulate state sales and income tax. I certainly hope you aren't advocating that. If you weren't so afraid to visit cars.gov you'd have known this ahead of time.
You're impossibly stupid and dishonest. IF they made this rebate NOT taxable, that would NOT be regulating state sales and income tax. It would be controlling their own federal program.

Have you nothing but strawmen?

OK,

1. That makes no sense at all.

and

2. Do you just use the term "strawman" for everything? Do you know what it actually means?
 
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.

No matter what this administration throws at the American people, Ravi is going to be good with it.

And the Cons would complain if Obama started farting gold dust, and using the resulting precious metal to pay off the national debt.

You people have done nothing but nay-say, bitch and moan since day one.
The libs do think that Obama farts gold dust.

Obama has given a lot of ammuntion for the conservatives to bitch
 
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A rebate is what you didn't have to spend to get something..........retroactively. So when you get the rebate, it's a price break. So it isn't taxable, is it? Or is it, because money changed hands?

I think the main mistake was destroying the clunkers. This means the states get no money on the potential registrations because the cars were destroyed. It effectively takes durable goods out of the system, and ancillary churn like insurance and lower entry into the potential market. So they take a value added item and make it into scrap. Makes no sense.
 
No matter what this administration throws at the American people, Ravi is going to be good with it.
:lol: I'm actually not an Obama fan
You actually are, you reflexively defend everything he does, and you continue to stick to your lies and strawmen even after they're repeatedly proven wrong.

You're a waste of bandwidth, truly.
Well, thanks. At least I'm not an idiot like you that thinks the Federal government has the right to tell my state what they may or may not consider taxable income.
 
Ya KNEW there had to be a catch!

Whoops! Cash For Clunkers Payments Are Taxable!

Some of the drivers that bought new cars through cash for clunkers are learning that it wasn't quite the deal they hoped for. But many of those cashing in on the clunkers program are surprised when they get to the treasurer's office windows. That's because the government's rebate of up to $4500 dollars for every clunker is taxable.

"They didn't realize that would be taxable. A lot of people don't realize that. So they're not happy and kind of surprised when they find that out," Nelson said.
: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:
WHy wouldn't it be?
 
Here, I cut and pasted it for all those who are afraid Obama will track them if they visit cars.gov.

Do I have to pay State or local sales tax on the amount of the CARS program credit?



MAYBE. The question of whether a consumer must pay State or local sales tax on the amount of the CARS program credit depends on the sales tax law of each State or locality. Consumers should review the law of their respective States or consult a tax advisor to answer this question.

CARS.gov - Car Allowance Rebate System - Helpful Q&As for Consumers - Formerly Referred to as “Cash for Clunkers”
 
Ya KNEW there had to be a catch!

Whoops! Cash For Clunkers Payments Are Taxable!

Some of the drivers that bought new cars through cash for clunkers are learning that it wasn't quite the deal they hoped for. But many of those cashing in on the clunkers program are surprised when they get to the treasurer's office windows. That's because the government's rebate of up to $4500 dollars for every clunker is taxable.

"They didn't realize that would be taxable. A lot of people don't realize that. So they're not happy and kind of surprised when they find that out," Nelson said.
: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:

LOL! Free lunch, anyone?
 
i would expect to pay taxes on a rebate like this.....give me 4,500 and i will give you ....what 500 back...still a good deal for me....now isnt it?
 
i find it funny that cons who bitched about spending taxpayers money like this...are now bitching about the people receiving the money being taxed on it...

damned if you do...damned if you dont

pick a fucking side and get on it.
 
I am surprised it's just a state tax, are you sure there won't be a federal tax and the $4,500 considered taxable income??? I bet it is, these duds don't miss an opportunity to tax the crap out of everyone.
 

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