Previous entry: 
Next entry:
Limbaugh, continued
Hey, I was mistaken.
I believe, after reading Rush Limbaugh's comments for the umpteenth time, that Limbaugh was saying car dealers are collecting sales tax based on the full purchase price of vehicles, which includes the Cash for Clunkers rebate of up to $4,500.
So, you get to pay tax on that $4,500, even though you didn't actually pay that amount, the government gave it to you.
I had thought, first time around, that he was talking about income tax. I was wrong.
I have taken my original post down.
The Cash for Clunkers rebate payment is not taxable income.
Harriet Johnson Brackey, the personal finance writer for the Sun-Sentinel, has been an award-winning business...
Comments
That's normal, anything you get you usually have to pay the sales tax. Inheritance, winnings, whatever. Why does Rush always try to act like he's discovered something? Maybe it's the oxycodone.
Posted by: glenn | August 27, 2009 12:02 PM
Because he's smarter then everyone else ,as he constantly reminds his listeners about his 'genius'. Or maybe he's just smarter then his listeners?
Posted by: Flori-duh | August 27, 2009 12:10 PM
Rush "almost" always is right! ;-)
Posted by: James Richardson | August 27, 2009 12:10 PM
People ought to have minds of their own without some propagandist spewing out vomit all day every day on the airwaves.
Posted by: Ace | August 27, 2009 12:24 PM
Limbaugh's show must be shut down. We can't have people raising questions about the government in times like this.
Posted by: savant | August 28, 2009 8:04 AM
This is exactly the time we need opposing voices. Savant, why don't you move to some communist country that will only let it's citizens say what they want to hear?
Posted by: Rosebud | August 28, 2009 9:14 AM
PUTZ
Posted by: billy bob | August 28, 2009 10:42 AM
Thanks for This nice Post
This Article is Beneficial for me
So Please again post related to this post
I am waiting......
Thanks
Investment Advisor
Posted by: Investment Advisor | September 11, 2009 7:47 AM