$100K BMW ActiveHybrid 7 qualifies for laughably small $900 credit

18 May 2015 | Author: | Comments Off on $100K BMW ActiveHybrid 7 qualifies for laughably small $900 credit
100K BMW ActiveHybrid 7 qualifies for small $900 credit

BMW ActiveHybrid 7 Click above for image gallery

If you’ve got to dish out for a brand-spankin new 2011 BMW 7. then chances are quite that you don’t really about getting $900 on your purchase. Just in you do, though, you should know BMW’s flagship sedan has approved for a $900 federal tax credit under an incentive for efficient hybrid vehicles.

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npd2983

The who can afford a $100K car are VERY to be able to qualify to take the credit due to their personal levels and the Alternative Minimum

Even if they aren’t hit by the they are paying 35% tax, so I don’t care if a person $100K a year ends up $34,100 in taxes instead of Big woo.

The real shame is that 45% of pay no income taxes at all. should pay some part, if it is very small.

18% improvement is in the fuel it saves. It is more that a Prius going 50mpg to 58mpg.

Also rich people for buying that have lithium ion in them. They are so expensive now only a few can afford them, but rich people are early it make the technology possible. after a technology becomes does it become practical. Is Honda or Ford offering ion batteries?

Are average Americans buying No? That’s what I thought.

BMW ActiveHybrid 7

lne937s

Income tax is only one of the people get hit with. The majority of pay more in Payroll tax than tax, and people making than $100,000 pay the vast of payroll taxes. Payroll make up over 36% of federal compared to 45% for individual income

To imply that they do not pay by stating they pay no income at all is misleading.

Dave D

ine937 me to the punch on that one. And you are a single mom making a very low and they take out payroll and you’re still left taxes on everything else sales tax) it’s a large percentage of your money to spend.

I’m more concerned why Exxon paid no US income tax year. How does a US corporation, makes the lion’s share of revenue in the US, not pay a single penny in US tax. How can a Texas based make $442.85 BILLION and not pay in the US?

AND get subsidies and favorable loans?

I’m off subject here, but you up taxes and fairness. -)

BMW ActiveHybrid 7
BMW ActiveHybrid 7
BMW ActiveHybrid 7
BMW ActiveHybrid 7
BMW ActiveHybrid 7
BMW ActiveHybrid 7
BMW ActiveHybrid 7
BMW ActiveHybrid 7
BMW ActiveHybrid 7
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