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Comments
If they build 70% of the cars in other countries, but sell 75% of cars they make in other countries, that's just fine, in fact they're a net exporter.
There's one problem. What's the point of being rich if all you do is hoard your money and drive a beater car? I see no problem with a wealthy man using an ordinary sedan as his daily driver, but he's got to have a nice car stored for the weekends, vacation, or special occasions, else he's just a miserable miser who's going to have his vast fortune squandered by his resentful children, wife, or mistress after he passes.
And now you know why some rich heirs and heiresses are such jerkwads. On the upside, they make GREAT reality-TV fodder. :shades:
Cars cost triple in Brazil, taxes used to be around 100% but to be honest I have not looked lately.
You basically have to build in Mercosul. Nissan planned to sell cars made in Mexico in Brazil but their shot just got blocked, so Brazil is still fairly protective.
25% tax prevents importation of pickups and 2 door trucks now. The fed protects the domestic cash cow, at least.
Great idea but then most Americans would complain about having to pay more.
We've become a nation of Wal Mart shoppers, wanting everything for cheap but not willing to deal with the consequences of that $39 bookcase.
$25 at IKEA:
http://www.ikea.com/us/en/catalog/products/40178591/
But remember that IKEA isn't targeting the Wal Mart shopper. They want skinny jeaned, fixie riding residents of Williamsburg, Brooklyn...
The iPhone generates more profit than GE, for example (all of GE). It generates more profit than Microsoft. It generates more profit than Google and Walmart. It generates almost as much profit as Exxon-Mobil!
http://www.businessinsider.com/iphone-profit-2012-8
Still pining for a fixie though.
Just check the tags on the merchandise: Walmart north.
2014 Malibu 2LT, 2015 Cruze 2LT,
I don't doubt it. Not at all. Look at rich people like Romney who go through a lot of time, trouble, and expense to make sure they "don't pay a penny more in taxes than they absolutely positively have to," or else they are not qualified to be President? LOL. :sick:
Offshore accounts, under the table money, foreign banks. I don't know too many "regular JOE's" with Swiss and Island bank accounts. If they go through that much trouble to avoid taxes (and not release tax returns beyond 2 years), what else might they be up to?
I know I try to avoid buying stuff in my city because the sales tax is an oppressive 8.5% while surrounding areas have the typical CA 7.75% sales tax.
Not to mention I love buying stuff online from other States (no sales tax whatsoever; Though Jerry Brown is trying to tax that too).
Also; on taking away deductions; that's not fair. What about people that bought a mortgage partly on the basis of that tax deduction on interest. Not fair to change the rules on me for 30 more years if my HARP 2.0 refinance goes through soon. If there wasn't a mortgage deduction, I'd of never entered the housing market most likely (and I'd be a lot richer for it!).
Chrysler had made me leery of any American built product. Hard to trust again.
Though, I do recall some DCM tower speakers I bought in the early 90's that were made in the USA I believe, and were of fairly high quality and extremely good durability.
I guess it's hit and miss with USA manufacturers.
I thought about getting one, but I'd worry that I'd lose it or break it!
You still owe sales tax on that stuff in most states (maybe not Oregon?). It's just not collected by the vendor.
Let's try to leave the politicking to the talk shows (POTUS isn't exactly broke either you know). Thanks.
Unless of course that company has a presence in your state. Amazon just opened an office here in MA and is now collecting sales tax on shipments to MA.
BTW - most states call it a sales and use tax requiring you to pay the tax on anything you buy outside the state. For years, MA has a line on the state return for you to put the number down. Knowingly signing your tax return without putting the number down IF you've bought out of state constitutes tax evasion.
I thought about getting one, but I'd worry that I'd lose it or break it!
It isn't easy to replace, but probably a worthy trade-off to save on size and weight. After you see the "non-promotional" cost of one, you won't worry about losing it or breaking it anymore (or maybe you will moreso, especially if you tend to lose extremely expensive stuff on the regular). It would be like losing or breaking one of your Chrysler products (and about the same worth too!).
There's a theory that if your someone that loses a lot of pens, the cure is to buy a $100 dollar pen, and you won't lose them anymore.
Ha! I have buyer's remorse, and in order to emotionally deal with that, I forget everything I buy immediately after receiving it.
I must have forgot everything I bought that tax year. Sorry California! When California pays for a tax secretaries salary, maybe I can keep better track of those things. I'm sure my memory lapse was inadvertant. :P
Good thing I'm not running for President! Or if I do... I'll be sure to avoid buying stuff online for 2 years and release 2 years of tax returns without any potential or appearance of evasion on them.
Our host has asked us not to do bring up politics on the discussion, so I can't respond to this post in full. But it's nice to know the advertisements trying to make Romney appear not capable of making $20,000,000 and paying $2,800,000 in taxes is somehow working in some people's minds. I suspect he paid more $$$ than the opponent putting out the ads paid in taxes. Using the percentage rate in the BO ads is simply class warfare on his part. Most people don't understand the difference, apparently, between percent paid nor marginal tax rates and total dollars paid. $2.8 mill is more than I pay. :P
I buy lots of things online but not with the intent of dodging taxes. The unpaid taxes are due on your state tax return even if the seller doesn't charge you sales tax. If you don't declare the unpaid sales tax which is due, that is tax cheating, at least in the State of Ohio it is. :sick:
To add a little humor to this thead, it is too bad we can't buy cars over the internet and escape direct collection of sales taxes and not still owe them on April 15th.
2014 Malibu 2LT, 2015 Cruze 2LT,
Unlike Smith, maybe Jobs was smart enough to avoid unions and their restrictive work rules from the beginnning...
Oops, there's that political beast again, trying to sneak its way into the forum.
Just when you try to slot someone, they surprise you.
Guess who's buying American?
"Waltham, Mass.-based A123 said it had reached a non-binding agreement with Wanxiang Group Corp., which could see the Chinese firm ultimately own 80 percent of the company."
Chinese auto parts firm to invest up to $450M in A123 (Detroit News)
Not that hard. CA provides Amazon with a tax chart by zip code. Amazon plugs it into their system, calculates it and sends a check to the state every month. Then the state divies it up. It's all pretty automated. Here in MA, cities and towns can add a restaurant tax to meals. It's collected and paid to the state and then the state sends it to the cities and towns.
Even the states aren't so inefficient that there's some guy behind a desk with a green visor and arm bands calculating it with an old hand crank adding machine.
http://green.autoblog.com/2008/06/18/converted-plug-in-prius-destroyed-by-fire/
And they also nicked the tax payers for a handsome sum of cash. The Green agenda bites US again.
A123 Systems, an electric car battery company once touted as a stimulus “success story” by former Gov. Jennifer Granhom, D-Mich., has laid off 125 employees since receiving $390 million in government subsidies — but is still handing out big pay raises to company executives.
http://scaredmonkeys.com/2012/02/26/a123-systems-an-electric-car-battery-company- -another-barack-obama-green-stimulus-company-failure/
Sounds like a typical American company to me. :shades:
My state has no income tax, don't know how online sales tax would work without the seller collecting it.
Sounds like the typical obama/axelrod campaign where they try to smear the opponent rather than talk about their record.
>so Putting your money in Switzerland and the Caribbean usually guarantees less than pristine ethics
Try some analysis other background of the other candidate and analyze where his interests have been: donors for funding for green projects, can we say "Solyndra" donors, and all the others. Don't know how many of them have money in the foreign banks.
Bad news--You can't believe every TV commercial and "facts" from the WH.
2014 Malibu 2LT, 2015 Cruze 2LT,
Analyze what? Please be specific. A candidate can claim to be better than the incumbent pile of crap if he isn't in fact better, but he can't fool everyone. Dare anyone analyze the donors to the elephant?
What "facts" are wrong? Explain that tax stuff, too. Trickle down hasn't and doesn't work.
If that isn't related to cars I don't know what is.
As long as the gov't owns GM, talking about politics and cars is one and the same.