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Discussion in 'Ferrari Discussion (not model specific)' started by Horsefly, Apr 27, 2008.

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  1. modena1_2003

    modena1_2003 F1 Rookie

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    Well, you do have a twisted, Physiocratic view of the economy. Sort of morbid, but it fits... ...



    _J
     
  2. modena1_2003

    modena1_2003 F1 Rookie

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    I believe his formal words were, "Im like a nun, I don't give a f.." I heard he just moved to the "White Men Can't Jump" filming location.

    Not paying taxes for a long time is like challenging a midget to a fist fight... You may be taller, but you'll get knocked in the nutts sooner or later.


    _J
     
  3. mikesufka

    mikesufka F1 Veteran Silver Subscribed

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    That middle paragraph really puts money and wealth in perspective.

    Mike
     
  4. toggie

    toggie F1 World Champ Owner Silver Subscribed

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    Good point. I stand corrected.

    Maybe if I said "If a regular fchat user was making $100k ..."
     
  5. nerd

    nerd F1 Rookie

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    This photo sums it up for me! Gates and Buffett on a NetJets BBJ!
    Image Unavailable, Please Login
     
    Last edited by a moderator: Sep 7, 2017
  6. bounty

    bounty F1 Veteran

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    Wonder who won at cards.
     
  7. nerd

    nerd F1 Rookie

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  8. Hoodude

    Hoodude F1 Rookie Silver Subscribed

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    That looks like a gin-rummy hand to me,,,and honeymoon bridge ain't that much fun,,,and those two guys just don't do ''not much fun'',for long,and in this pic they're ''feet up/shoes off/belt loose'',,,and when fly'n at's fun,,,
    WB is known for Bridge mastery...maybe has mucho ''Masters''points. Gates is learning,from WB,from what I read which could be erroneous
     
  9. italiancars

    italiancars F1 Rookie

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    "THE MAN"? Those ones trying to get into your wallet are Democrats and Liberals. The people that don't see a difference between the guy making 150k a year and Bill Gates. To their mind they're both RICH and need to be taxed heavily.
     
  10. norcal2

    norcal2 F1 Veteran

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    "Trying to deduct any sort of exotic car is asking for an audit"
    Contrare, deducting anything that is not a legitimate expense is asking for an audit, exotic cars, airplanes, yachts, etc. can all be legit expenses and deductions if your business and or corp is structured as such....
     
  11. SonomaRik

    SonomaRik F1 Veteran

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    Poor-person-in-Congo-region-starving-to-death: "
    Typical-Car-owner-eating-McD's-while-driving: "
    Guess everything is relative, and perspective has it's own value system.
     
  12. WILLIAM H

    WILLIAM H Three Time F1 World Champ

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    Sorry, if you drive a car for business and own the same business

    Would that work ?
     
  13. James_Woods

    James_Woods F1 World Champ

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    I just saw these two from the fast food frontier: Arby's wants to buy Wendys for some multiple billions; more than Tata gave for Jaguar.

    Mars bars wants to buy Wrigleys gum for --- 23.x BILLION DOLLARS.

    Sometimes I think that it is the people selling poor people colas, saturated fats, and processed sugar that are the real overfiends of the universe...
     
  14. VIZSLA

    VIZSLA Four Time F1 World Champ Owner

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    A long time ago someone pointed out to me that the average Toyota is more expensive than the average Rolls-Royce. When calculated as a percent of the owner's net worth and cash flow. Additionally can you say that the man with 1 million bucks but who can never bring himself to spend a dime of it is richer than the guy who enjoys whatever modest amount he can muster to the fullest?
     
  15. italiancars

    italiancars F1 Rookie

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    Sell to the Masses, Live with the Classes, Sell to the Classes, Live with the Masses.
     
  16. TravisJ

    TravisJ Formula Junior

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    I think it would work if you drive the car for business and the business is located in your home. Even business owners cannot deduct commuting expenses. Of course, if the business is in your home, there is no commute and all business trips in the car qualify.
     
  17. James_Woods

    James_Woods F1 World Champ

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    Is there not still that "business viability rule" where you must show a profit for a certain number of years out of five years or so to deduct from a "hobby" or "secondary" business?
     
  18. BigJC84

    BigJC84 Rookie

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    That is partly correct you need to have growing revenues or a company that they believe is a legi business. If I remember correctly Amazon.com lost money for almost 10 years before turniong a profit. Gross revenue of under 10K with expenses of 15K a year will get you in trouble, just ask a friend of mine.
     

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