Laugh of the day...

It was just on the news: $4500 rebate you got on the "Cash for
Clunkers" program... is taxable income... Bwahahahahahahaha ;-)

...Jim Thompson
--
| James E.Thompson, P.E. | mens |
| Analog Innovations, Inc. | et |
| Analog/Mixed-Signal ASIC's and Discrete Systems | manus |
| Phoenix, Arizona 85048 Skype: Contacts Only | |
| Voice480)460-2350 Fax: Available upon request | Brass Rat |
| E-mail Icon at http://www.analog-innovations.com | 1962 |

Obama: A reincarnation of Nixon, but without ANY scruples,
masquerading in politically-correct black-face.

"Jim Thompson" wrote in
message ...
Laugh of the day...

It was just on the news: $4500 rebate you got on the "Cash for
Clunkers" program... is taxable income... Bwahahahahahahaha ;-)

...Jim Thompson
--

Apparently this is false, but who knows.

Here's the Bill, http://www.opencongress.org/bill/111-h2751/text

(2) FOR PURPOSES OF TAXATION- A voucher under this Act, or any payment
made for such a voucher pursuant to subsection (a)(3), shall not be
considered as gross income of the purchaser of a vehicle under this Act
for purposes of the Internal Revenue Code of 1986.CommentsClose
CommentsPermalink



Cheers

"Jim Thompson" wrote in
message ...
Laugh of the day...

It was just on the news: $4500 rebate you got on the "Cash for
Clunkers" program... is taxable income... Bwahahahahahahaha ;-)

...Jim Thompson
--

Apparently this is false, but who knows.

Here's the Bill, http://www.opencongress.org/bill/111-h2751/text

(2) FOR PURPOSES OF TAXATION- A voucher under this Act, or any payment
made for such a voucher pursuant to subsection (a)(3), shall not be
considered as gross income of the purchaser of a vehicle under this Act
for purposes of the Internal Revenue Code of 1986.CommentsClose
CommentsPermalink



Cheers

On Thu, 27 Aug 2009 22:06:53 -0400, "Martin Riddle"
wrote:



"Jim Thompson" wrote in
message ...
Laugh of the day...

It was just on the news: $4500 rebate you got on the "Cash for
Clunkers" program... is taxable income... Bwahahahahahahaha ;-)

...Jim Thompson
--

Apparently this is false, but who knows.

Here's the Bill, http://www.opencongress.org/bill/111-h2751/text

(2) FOR PURPOSES OF TAXATION- A voucher under this Act, or any payment
made for such a voucher pursuant to subsection (a)(3), shall not be
considered as gross income of the purchaser of a vehicle under this Act
for purposes of the Internal Revenue Code of 1986.CommentsClose
CommentsPermalink



Cheers


I didn't bite, I kept my guzzler. But the Federalies said, today,
that it _is_ taxable. I was just enjoying the thought ;-) My guess
is that, somewhere else, it defines "rich", and screws them.

...Jim Thompson
--
| James E.Thompson, P.E. | mens |
| Analog Innovations, Inc. | et |
| Analog/Mixed-Signal ASIC's and Discrete Systems | manus |
| Phoenix, Arizona 85048 Skype: Contacts Only | |
| Voice480)460-2350 Fax: Available upon request | Brass Rat |
| E-mail Icon at http://www.analog-innovations.com | 1962 |

Obama: A reincarnation of Nixon, but without ANY scruples,
masquerading in politically-correct black-face.

On Thu, 27 Aug 2009 22:06:53 -0400, "Martin Riddle"
wrote:



"Jim Thompson" wrote in
message ...
Laugh of the day...

It was just on the news: $4500 rebate you got on the "Cash for
Clunkers" program... is taxable income... Bwahahahahahahaha ;-)

...Jim Thompson
--

Apparently this is false, but who knows.

Here's the Bill, http://www.opencongress.org/bill/111-h2751/text

(2) FOR PURPOSES OF TAXATION- A voucher under this Act, or any payment
made for such a voucher pursuant to subsection (a)(3), shall not be
considered as gross income of the purchaser of a vehicle under this Act
for purposes of the Internal Revenue Code of 1986.CommentsClose
CommentsPermalink



Cheers


I didn't bite, I kept my guzzler. But the Federalies said, today,
that it _is_ taxable. I was just enjoying the thought ;-) My guess
is that, somewhere else, it defines "rich", and screws them.

...Jim Thompson
--
| James E.Thompson, P.E. | mens |
| Analog Innovations, Inc. | et |
| Analog/Mixed-Signal ASIC's and Discrete Systems | manus |
| Phoenix, Arizona 85048 Skype: Contacts Only | |
| Voice480)460-2350 Fax: Available upon request | Brass Rat |
| E-mail Icon at http://www.analog-innovations.com | 1962 |

Obama: A reincarnation of Nixon, but without ANY scruples,
masquerading in politically-correct black-face.