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Anything Goes Politics, life, gadgets, people... gobbledygook. 

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  #1 (permalink)  
Old 07-29-2005, 06:32 PM
Delta Flyer's Avatar
Delta Flyer Delta Flyer is offline
Cng Attitudes-Not Physics
 
Real Name: Chuck
Location: Lewisville (Dallas), Texas
Hybrids: 2000 Honda Enzyte 5-speed
Posts: 3,143
Default $286B Highway Bill Passed

MSNBC Story

Of cours there are porkbarrel projects:

Quote:
Originally Posted by Taxpayers for Common Sense
lists 6,361 of these projects valued at $23 billion, and other watchdog groups say such projects are wasteful, handed out as political rewards
Quote:
Originally Posted by Sen John McCain (on including $3 million to fund production of a documentary about infrastructure advancements in Alaska)
....terrifying in its fiscal consequences and disappointing for the lack of fiscal discipline

.

61.5mpg lifetime - 82mpg in recent months

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"fanatic" is what the lazy call the dedicated
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Old 07-29-2005, 08:37 PM
EricGo EricGo is offline
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Posts: 839
Default Re: $286B Highway Bill Passed

How much corruption can you stomach ? Or the nation's economy tolerate before direct adverse consequences are apparent ?

bush seems motivated to find out.

Incidentaly, that bill now allows states to decide HOV occupancy.

.


R2-E2
, 2G Prius.
Highway/City/Husband/Wife MPG: 56.5, as of 12/2005, 26K miles

Jac Nasser, Ford President: "We are planning to launch a hybrid version of
this car [P2000] within this year [1998]. We will also make FCEV available in
2004."
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Old 07-30-2005, 07:38 AM
mfa-prius mfa-prius is offline
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Real Name: Mike Armstrong
Location: Polk City, FL
Hybrids: 2005 Prius
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Default Re: $286B Highway Bill Passed

Great. NOW they offer a tax credit (which I could use), rather than a tax deduction (which was useless to a non-itemizer like me). It doesn't pay to be an early adopter.
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Old 07-30-2005, 07:49 AM
EricGo EricGo is offline
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Default Re: $286B Highway Bill Passed

mfa-prius,

sounds like time you amended your tax return with a 1040-x.

The hybrid deduction you mention does not require itemization to take advantage of. It is entered BEFORE the AGI. Look it up on the IRS website.

Enjoy your belated holiday gift :-)

addendum: Actually, I see you have a 2005 car, so you will probably get the money on the 2005 tax year return.

.


R2-E2
, 2G Prius.
Highway/City/Husband/Wife MPG: 56.5, as of 12/2005, 26K miles

Jac Nasser, Ford President: "We are planning to launch a hybrid version of
this car [P2000] within this year [1998]. We will also make FCEV available in
2004."
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Old 07-30-2005, 08:11 AM
mfa-prius mfa-prius is offline
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Real Name: Mike Armstrong
Location: Polk City, FL
Hybrids: 2005 Prius
Posts: 16
Default Re: $286B Highway Bill Passed

Yup. I bought the car this March, so it'll be in my 2005 return. TurboTax better ask the question next year. Still, a credit is about 7* better for me than a deduction -- a low marginal rate is kind of a good-news, bad-news thing.
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