popcorn in hand
Guys, you're flirting like a couple of leaf drivers....
sjd
popcorn in hand
Guys, you're flirting like a couple of leaf drivers....
sjd
Why are we even bothering? Ford appears to be hiding the damn things anyway. A far more interesting question is given that the Rav-4 EV runs a Tesla motor detuned from 400 ft. lbs to 190, can anyone crack the programing to run it at its full potential?
Datsun1500 wrote:Javelin wrote: In reply to Datsun1500: Holy crap man, you have the comprehension of a fencepost!I have the comprehension problem? I know that a $40K Focus for $16k is a horrible assumption, but it's an assumption you made. I guess if I was someone that would actually drive a Focus, I'd care....
MSRP is $35,995 with delivery.
Javelin wrote on the first post: That puts it at $25,640 all-in
Yup, comprehension.
Rebates come from the manufacturer not the government.
iceracer wrote: A tax credit reduces the amount of taxable income. If you have $50000 taxable income, the tax credit will reduce your taxable income to $42500. giving the $7500 credit.
TL;DR Version: You are saying "credit" but you mean "deduction."
Not trying to get into the other debates, but you're confusing some terms here.
Tax Deduction = an amount you may deduct from your income before figuring your tax liability.
Tax Credit = a credit against your final tax liability. Some credits may actually result in the IRS paying you (a "refundable credit"), others are applicable only up to the amount you owe.
So, if the Feds give me a $7500 deduction, I make $100,000/yr, and the tax rate for simplicity sake is 20%:
100k - 7,500 = 92,500 (this is my taxable income after the deduction)
92,500 x 20% = 18,500 (this is my total tax liability)
But, if it's a CREDIT:
100k x 20% = 20k (this is my tax liability before the credit)
20k - 7,500 = 12,500 (this is my total tax liability)
Tax "rebate" is just another word for a refund, it is the government returning your money after you overpaid your taxes.
Javelin wrote:Datsun1500 wrote:MSRP is $35,995 with delivery.Javelin wrote: In reply to Datsun1500: Holy crap man, you have the comprehension of a fencepost!I have the comprehension problem? I know that a $40K Focus for $16k is a horrible assumption, but it's an assumption you made. I guess if I was someone that would actually drive a Focus, I'd care....Javelin wrote on the first post: That puts it at $25,640 all-inYup, comprehension.
I am sorry did I find my way into Honda-Tech or Miata.Net by mistake? I thought this was GRM?
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