Rustic
Diamond Member
- Oct 3, 2015
- 58,769
- 5,895
Only a fool would trust a career politician… republican or DemocratAn Inconvenient Truth: It Was George W. Bush Who Bailed Out the AutomakersFirst of all the GOP establishment are progressives, George W. Bush started all of the bailouts of Banks and car companies and what not. Which were the biggest failures of his presidency. Not to mention the stupidity of giving all of that aid to Africa.Bush really fucked up by giving aid to Africa and bailing out the car companies
After crashing the economy with 8 years of "GOP JOB CREATOR" POLICIES CUPCAKE?
Sure cupcake, THAT was your original premise![]()
Gosh cupcake, thought YOU had no use for ANY of the guys? LMAOROG
Why'd he have to bail them out again? Oh right 8 years of GOP "job creator" policies
After the 9/11 terrorist attacks, President Bush didn't call for sacrifice. He called for shopping. "Get down to Disney World in Florida," he said.
A Look Back at Bush's Economic Missteps - TIME
Fed Tax Break Encourages SUV Purchases
Thanks to a generous tax credit, Karl Wizinsky is driving a very large vehicle these days — a 2002 Ford Excursion.
"It doesn't hurt to have a larger vehicle, but I wouldn't say it's a requirement of my business," he said on a cell phone while driving the Excursion. "But I ended up saving $32,000."
This year, the perks of buying a large SUV — if you're a small business owner — got even bigger.
Congress recently passed a tax bill, as proposed in President Bush's economic stimulus plan, that offers a $100,000 tax credit for business owners who purchase any vehicle weighing 6,000 pounds or more when fully loaded.
When Wizinsky's accountant told him about the credit last year, the amount was much less, at $75,000, but it was enough to encourage Wizinsky to trade in his Mercury Marquis for the Excursion.
"It sounded too good to be true," said Wizinsky, a health care consultant in Novi, Mich. "But it was true. So I bought the SUV. For a small company like mine it's a significant credit."
Hybrid Earns Smaller Break
Meanwhile, legislation that offers a much smaller tax break — a $2,000 tax deduction — to those who purchase fuel-efficient hybrid cars is on track to be phased out.
Fed Tax Break Encourages SUV Purchases