Cash for flunkers program
#21
09-15-2009, 11:15 PM
Hmmm, that's broke. How about the Post Office. Oh yeah, they're broke too. Take a look at Medicare and Medicaid. OOPS, broke too. Amtrak, Freddie Mae, Fannie Mac. The budget. Oh, those are all in the red too. I think I'd rather weather the mild storms of private sector insurance rather than the hurricane known as government.
#22
09-15-2009, 11:38 PM
Pirate Biker
Limping Rider!
Limping Rider!
Unlike regular trade ins where the value of the trade in is DEDUCTED from the purchase price and therefore NOT TAXED as part of the value of the car at registration the Cash for Clunkers dollars is taxed as INCOME!!!!
Not every state has State Income Tax but everyone has Federal Income Tax
#23
09-15-2009, 11:40 PM
Pirate Biker
Limping Rider!
Limping Rider!
Humm, housing crisis sounds familiar.
So you're saying there's a direct connection between cash for clunkers and the finance piece? All the people that bought under the program can't afford to buy and are a bunch of scumbags that will get repoed, and they used government financing to get them. Nice.
Consider this a little tax break that you so love for the average individual. You love the tax breaks, right?
So you're saying there's a direct connection between cash for clunkers and the finance piece? All the people that bought under the program can't afford to buy and are a bunch of scumbags that will get repoed, and they used government financing to get them. Nice.
Consider this a little tax break that you so love for the average individual. You love the tax breaks, right?
Nice of you to add your own words to his quote, oh yeah, you have a history of doing this.
#24
09-16-2009, 07:18 AM
The point of that lesson is that we should not trust the federal government with approximately 1/6th of our Gross Domestic Product. If they can't run these things well, why should we trust them with our healthcare. I can get healthcare on my own, thank you. I don't need help from Uncle Mitt Romney or Aunt Nancy Pelosi to get it. On the other hand I can't defend the country. That's the government's job. And, did everyone notice I just bashed a supposedly conservative Republican???
#25
09-16-2009, 07:30 AM
Supersock
Hired Gun!
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Hired Gun!
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Humm, housing crisis sounds familiar.
So you're saying there's a direct connection between cash for clunkers and the finance piece? All the people that bought under the program can't afford to buy and are a bunch of scumbags that will get repoed, and they used government financing to get them. Nice.
Consider this a little tax break that you so love for the average individual. You love the tax breaks, right?
So you're saying there's a direct connection between cash for clunkers and the finance piece? All the people that bought under the program can't afford to buy and are a bunch of scumbags that will get repoed, and they used government financing to get them. Nice.
Consider this a little tax break that you so love for the average individual. You love the tax breaks, right?
Well let's see, the cash for clunkers is a totally free program so I must be wrong to consider it belonging to any finance piece.
#26
09-16-2009, 10:16 AM
#27
09-16-2009, 11:10 AM
Pro Rider
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Ehh maybe, maybe not. I'm betting people had tabs at there local drinking establishment before economics was discovered. I agree with him. I'm betting our economy could not support the population without credit.
#28
09-16-2009, 12:12 PM
#29
09-16-2009, 12:15 PM
Ahhh, mortgages, auto loans, business credit, credit cards. Yes, there would be some small semblance of an "economy", but you wouldn't be living in the USA as you know it.
#30
09-16-2009, 12:53 PM
Finance piece is in reference to clunkers being tied to financing....as in credit from the banks, not government finances in general.