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  #46  
Old 03-26-2013, 03:05 PM
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Originally Posted by HuskyMan View Post
don't know if you have figured this out or not, but there are plenty of people who lease cars for business purposes and write off 100% of the lease payment as a business expense. Drive a new car for business and deduct, deduct, deduct. It's like driving for free. Plus, the new car dealer gets to stay in business leasing cars to these people which means they get to stay in business so that they can sell car parts to people like you and me.
Yes. And?

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  #47  
Old 03-26-2013, 03:09 PM
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Originally Posted by HuskyMan View Post
That is because top performers (the top tier 1%) busts ass a lot more than the second rate, johnny come lately, barely does enough to get by middle class and bottom class.
Do you really believe this? Are you saying 99%, including yourself as I doubt you belong to the 1%, are lazy?
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  #48  
Old 03-26-2013, 03:16 PM
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Do you really believe this? Are you saying 99%, including yourself as I doubt you belong to the 1%, are lazy?
No, what I am saying is that in any field of endeavor or occupation there will only be one in nine hundred, ninety nine that truly excels and rings the bell. It is true that only 1% are wealthy. But why is that? Perhaps they are smarter and work harder or work smarter.

Without those who climb to the top of the ladder, this world would be filled with nothing but mediocrity. Quit blaming the 1%ers for your problems. Try learning from them for a change. You ever sat in a room full of movers and shakers and listen to how they think? They don't breathe the same air the middle and bottom tier losers breathe. They travel at 70,000 feet and see things from an entirely different perspective.
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  #49  
Old 03-26-2013, 03:22 PM
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Originally Posted by HuskyMan View Post
No, what I am saying is that in any field of endeavor or occupation there will only be one in nine hundred, ninety nine that truly excels and rings the bell. It is true that only 1% are wealthy. But why is that? Perhaps they are smarter and work harder or work smarter.

Without those who climb to the top of the ladder, this world would be filled with nothing but mediocrity. Quit blaming the 1%ers for your problems. Try learning from them for a change. You ever sat in a room full of movers and shakers and listen to how they think? They don't breathe the same air the middle and bottom tier losers breathe. They travel at 70,000 feet and see things from an entirely different perspective.
Stop calling your self a loser.
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  #50  
Old 03-26-2013, 03:28 PM
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Yes. And?
A business jet is nothing more than a tool in a toolbox. One benefit is time travel. If a man can get to a location faster in a private business jet and accomplish more than sitting in the local Greyhound style airport waiting four hours for a delayed flight, then he is more productive and his business operates more efficiently.

It is the same as having access to a high quality automotive tool versus a cheapo depo automotive tool that may cost more in time and money and frustration.

I'm aware of one rather large business where middle management is REQUIRED to fly on commercial airlines even though the company owns a fleet of very fast (41,000 feet direct point-to-point capable) business jets. Why is this? It is because if the dumb ass public ever got wind that middle management were flying on private jets, their stock prices would tumble and the public would revolt by not purchasing products the company sells.

However, if middle management were allowed to fly the company's private jets, they would be TEN TIMES MORE PRODUCTIVE which would result in GUARANTEED lower pricing of their products.

Stupidity rules yet again.
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  #51  
Old 03-26-2013, 03:52 PM
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  #52  
Old 03-26-2013, 04:16 PM
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Originally Posted by HuskyMan View Post
A business jet is nothing more than a tool in a toolbox. One benefit is time travel. If a man can get to a location faster in a private business jet and accomplish more than sitting in the local Greyhound style airport waiting four hours for a delayed flight, then he is more productive and his business operates more efficiently.

It is the same as having access to a high quality automotive tool versus a cheapo depo automotive tool that may cost more in time and money and frustration.

I'm aware of one rather large business where middle management is REQUIRED to fly on commercial airlines even though the company owns a fleet of very fast (41,000 feet direct point-to-point capable) business jets. Why is this? It is because if the dumb ass public ever got wind that middle management were flying on private jets, their stock prices would tumble and the public would revolt by not purchasing products the company sells.

However, if middle management were allowed to fly the company's private jets, they would be TEN TIMES MORE PRODUCTIVE which would result in GUARANTEED lower pricing of their products.

Stupidity rules yet again.
But why are they entitled to this? I understand the advantages, but do not see the case for tax exemption.
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  #53  
Old 03-26-2013, 04:38 PM
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But why are they entitled to this? I understand the advantages, but do not see the case for tax exemption.
This is a complex subject; I suggest you contact a CPA or tax professional for further information.
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  #54  
Old 03-26-2013, 04:39 PM
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Originally Posted by HuskyMan View Post
don't know if you have figured this out or not, but there are plenty of people who lease cars for business purposes and write off 100% of the lease payment as a business expense. Drive a new car for business and deduct, deduct, deduct. It's like driving for free. Plus, the new car dealer gets to stay in business leasing cars to these people which means they get to stay in business so that they can sell car parts to people like you and me.
I suspect from your comment about it being like driving for free that you have never had your own business.
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  #55  
Old 03-26-2013, 04:43 PM
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Originally Posted by t walgamuth View Post
I suspect from your comment about it being like driving for free that you have never had your own business.
I'm dumb as a fence post.
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  #56  
Old 03-26-2013, 05:05 PM
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This is a complex subject; I suggest you contact a CPA or tax professional for further information.
I kind of figured you didn't have a good answer.
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  #57  
Old 03-26-2013, 05:17 PM
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Quote:
Originally Posted by t walgamuth View Post
I suspect from your comment about it being like driving for free that you have never had your own business.
Regardless of how much you can or cannot write off, the leasing company, insurance company, gas credit card company, etc., still have to be paid every single month. Cash flow is king.
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  #58  
Old 03-26-2013, 05:23 PM
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Originally Posted by tbomachines View Post
I kind of figured you didn't have a good answer.
I don't know my a** from a hot rock; that's why I refer people to seek out professional help.
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  #59  
Old 03-26-2013, 05:26 PM
A Talent for Obfuscation
 
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Quote:
Originally Posted by HuskyMan View Post
A business jet is nothing more than a tool in a toolbox. One benefit is time travel. If a man can get to a location faster in a private business jet and accomplish more than sitting in the local Greyhound style airport waiting four hours for a delayed flight, then he is more productive and his business operates more efficiently.

It is the same as having access to a high quality automotive tool versus a cheapo depo automotive tool that may cost more in time and money and frustration.

I'm aware of one rather large business where middle management is REQUIRED to fly on commercial airlines even though the company owns a fleet of very fast (41,000 feet direct point-to-point capable) business jets. Why is this? It is because if the dumb ass public ever got wind that middle management were flying on private jets, their stock prices would tumble and the public would revolt by not purchasing products the company sells.

However, if middle management were allowed to fly the company's private jets, they would be TEN TIMES MORE PRODUCTIVE which would result in GUARANTEED lower pricing of their products.

Stupidity rules yet again.
In the era of bold technological advances such as the telephone, I would wonder why middle-management types would need to spend so much time in flight that the improved flexibility of private carriage would cause a tenfold increase in productivity. Where are they flying to, and why?
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  #60  
Old 03-26-2013, 05:36 PM
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Originally Posted by P.C. View Post
In the era of bold technological advances such as the telephone, I would wonder why middle-management types would need to spend so much time in flight that the improved flexibility of private carriage would cause a tenfold increase in productivity. Where are they flying to, and why?
NEWS FLASH: Each and every company's business is uniquely their own. A television manufacturer's business needs are different than the needs of a company that makes flatware. Unfortunately, this concept gets in the way of Marxism where everyone is supposed to be the same and "equal".

If I operate an auto repair shop, I might need $50K in tools and equipment to provide stellar service. OTH, if I operate a charter flight service, I might need a $20 million dollar jet to compete in the market place. Both distinctly different businesses with completely different needs.

Neither the television manufacturing company, the flatware maker, the auto repair shop nor the charter flight service have any need or requirement to justify or explain to the moronic public why they need or possess the tools they have to carry on a trade or business.

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