It's ours!!!
Racer
Joined: Apr 2018
Posts: 329
Likes: 101
From: Chiggerbranch, MS
OK, thanks to the tax cuts and deregulation of industry the economy has boomed more in the past two years than in the previous 8 or 16. Therefore, I leveraged the good times, paid my house off and bought a vette.
Team Owner
Joined: Sep 2010
Posts: 32,042
Likes: 4,610
The proof is overwhelming that our new President has changed the Economy dynamically, effectively doubling the APR+ of our GDP! #MAGA!
Last edited by Skid Row Joe; Feb 10, 2019 at 04:00 PM.
Team Owner
Joined: Sep 2010
Posts: 32,042
Likes: 4,610
The tax cuts alone, were what saved me a good portion of what paid for my new C7 purchase too. Plus, my new C7 is a 100% tax write off. Win-Win! Thanks for sharing in your new Corvette purchase too! #LUVTHESECARS!
Malinois Dad
Joined: Jan 2008
Posts: 2,565
Likes: 551
From: Kent WA
Congratulations! I remember that awesome feeling of no more car payments - was that way for a long time with my '08 C6. But I couldn't resist getting a Z06 so back to a car payment but it is most definitely worth it to me!
Enjoy the feeling and save the wave!
Aaron
Enjoy the feeling and save the wave!
Aaron
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Drifting
Joined: Feb 2004
Posts: 1,905
Likes: 554
From: Scottsdale AZ
How is your C7 a 100% tax writeoff? Just curious to what I am missing!!
Malinois Dad
Joined: Jan 2008
Posts: 2,565
Likes: 551
From: Kent WA
As a CPA who's specialized in tax for the last 18 years (including IRS audits & audit resolution), be wary of statements like that... If you drive the car for personal purposes, it is NOT a 100% write-off. The only way it could be 100% is if it is ONLY used for business and never driven personally (including commuting to/from home).