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DRR Sportsman
posted Hide Post
quote:
Originally posted by Jeremy J.:
Bob, wowcarts.com should have thrown some headlights and seat belts on those golf carts, he could have made a killing collecting stimulus money. I know somebody else that collected tax payers $$$ on "street legal" golf carts, then goes on to trash the POTUS and claim the money he he made was from the Clean Air Act.



http://www.starelectricvehicle...pproval%203_2010.pdf
Cant do that.
Only the Manufacture can build the carts and they had to be New.
I cant build a cart here and sell it as a LSV/NEV.

Dumb F U C K,it was a Federal Tax Credit.
*ONLY people who Paid Federal Taxes got a credit and "Their" Money back.
What part of that do you Still not get?
The credit is the taxpayers Own money,not mine or yours,Not a Cash for Clunker deal that failed.
Now that was your boys Give Away of Mine and Your Money..

So you are Against getting Your Money back from the Tax Crooks?


www.davisgolfcarts.com
E-Z-GO,Star & American Sportsworks Certified Dealer
 
Posts: 491 | Location: Suwanee/Sugar Hill,Ga. | Registered: February 19, 2004Reply With QuoteReport This Post
DRR Sportsman
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Re: LSV Federal Tax Credit


The EPA started it all JJ.

Strange as it may seem, to the best of my knowledge, neither EZGO nor Club Car make NEV/LSV vehicles. Their main focus has been golf cart operations like golf courses.
Only the specialty guys like Ruff & Tuff, Tomberlin, Star, Zap etc have been approaching this with an eye on the general public and using these carts for neighborhood and hunting vehicles although with the downturn in the economy, I'm sure EZGO and CC are eying this as well.

A law was created in California that by 2003, a certain percentage on vehicles sold, 10% I think, had to meet a zero emissions standard or something like that. The complete line from an auto manufacturer had to fall within a certain mile per gallon category or they could not sell their cars in the state.
The auto manufacturers received emissions credits for every zero emission vehicle it sold. They needed and got these credits which then allowed them to sell gas guzzlers while maintaining an overall MPG rating within the government guidelines.
About 10 years ago EZGO teamed up with Western to produce an NEV/LSV. Western bought chassis from EZGO and converted them to NEV/LSV's.
Club Car did a similar thing with General Motors and the car was called PATHWAY.
Bombardier also did an NEV/LSV vehicle but withdrew it from the market in 2000.
Other companies involved with this NEV/LSV emissions credit deal were Ford with the THINK car and Chrysler with the GEM car.


www.davisgolfcarts.com
E-Z-GO,Star & American Sportsworks Certified Dealer
 
Posts: 491 | Location: Suwanee/Sugar Hill,Ga. | Registered: February 19, 2004Reply With QuoteReport This Post
<Jeremy J.>
posted
Ronnie, your golf cart tax credit came from a provision in the stimulus package. Look it up. If it wasn't for Obama, you wouldn't have gotten that extra business yet you trash his tax plans and give all the credit to Bush.
 
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DRR Sportsman
posted Hide Post
quote:
Originally posted by Jeremy J.:
Ronnie, your golf cart tax credit came from a provision in the stimulus package. Look it up. If it wasn't for Obama, you wouldn't have gotten that extra business yet you trash his tax plans and give all the credit to Bush.


You FOOL.
It was signed into law in 2008 by Bush.
Obama did NOT renew it for 2010.
Where do you get this crap from.
It was NOT in the Obama Stimulus pkg.

I got you this time lying your ass off.


www.davisgolfcarts.com
E-Z-GO,Star & American Sportsworks Certified Dealer
 
Posts: 491 | Location: Suwanee/Sugar Hill,Ga. | Registered: February 19, 2004Reply With QuoteReport This Post
<Jeremy J.>
posted
http://online.wsj.com/article/...473724099542430.html

We thought cash for clunkers was the ultimate waste of taxpayer money, but as usual we were too optimistic. Thanks to the federal tax credit to buy high-mileage cars that was part of President Obama's stimulus plan, Uncle Sam is now paying Americans to buy that great necessity of modern life, the golf cart.

The federal credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, and when it is combined with similar incentive plans in many states the tax credits can pay for nearly the entire cost of a golf cart. Even in states that don't have their own tax rebate plans, the federal credit is generous enough to pay for half or even two-thirds of the average sticker price of a cart, which is typically in the range of $8,000 to $10,000. "The purchase of some models could be absolutely free," Roger Gaddis of Ada Electric Cars in Oklahoma said earlier this year. "Is that about the coolest thing you've ever heard?"

The golf-cart boom has followed an IRS ruling that golf carts qualify for the electric-car credit as long as they are also road worthy. These qualifying golf carts are essentially the same as normal golf carts save for adding some safety features, such as side and rearview mirrors and three-point seat belts. They typically can go 15 to 25 miles per hour.

In South Carolina, sales of these carts have been soaring as dealerships alert customers to Uncle Sam's giveaway. "The Golf Cart Man" in the Villages of Lady Lake, Florida is running a banner online ad that declares: "GET A FREE GOLF CART. Or make $2,000 doing absolutely nothing!"

Golf Cart Man is referring to his offer in which you can buy the cart for $8,000, get a $5,300 tax credit off your 2009 income tax, lease it back for $100 a month for 27 months, at which point Golf Cart Man will buy back the cart for $2,000. "This means you own a free Golf Cart or made $2,000 cash doing absolutely nothing!!!" You can't blame a guy for exploiting loopholes that Congress offers.

The IRS has also ruled that there's no limit to how many electric cars an individual can buy, so some enterprising profiteers are stocking up on multiple carts while the federal credit lasts, in order to resell them at a profit later. We should note that some states, such as Oklahoma, have caught on to the giveaway and are debating whether to cancel or limit their state credits. But in Congress they're still on the driving range.

This golf-cart fiasco perfectly illustrates tax policy in the age of Obama, when politicians dole out credits and loopholes for everything from plug-in cars to fuel efficient appliances, home insulation and vitamins. Democrats then insist that to pay for these absurdities they have no choice but to raise tax rates on other things—like work and investment—that aren't politically in vogue. If this keeps up, it'll soon make more sense to retire and play golf than work for living.
 
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DRR Sportsman
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EIEA Act of 2008

http://www.eia.doe.gov/oiaf/ae...ysispapers/eiea.html


www.davisgolfcarts.com
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Posts: 491 | Location: Suwanee/Sugar Hill,Ga. | Registered: February 19, 2004Reply With QuoteReport This Post
DRR Sportsman
posted Hide Post
quote:
Originally posted by Jeremy J.:
http://online.wsj.com/article/...473724099542430.html

We thought cash for clunkers was the ultimate waste of taxpayer money, but as usual we were too optimistic. Thanks to the federal tax credit to buy high-mileage cars that was part of President Obama's stimulus plan, Uncle Sam is now paying Americans to buy that great necessity of modern life, the golf cart.

The federal credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, and when it is combined with similar incentive plans in many states the tax credits can pay for nearly the entire cost of a golf cart. Even in states that don't have their own tax rebate plans, the federal credit is generous enough to pay for half or even two-thirds of the average sticker price of a cart, which is typically in the range of $8,000 to $10,000. "The purchase of some models could be absolutely free," Roger Gaddis of Ada Electric Cars in Oklahoma said earlier this year. "Is that about the coolest thing you've ever heard?"

The golf-cart boom has followed an IRS ruling that golf carts qualify for the electric-car credit as long as they are also road worthy. These qualifying golf carts are essentially the same as normal golf carts save for adding some safety features, such as side and rearview mirrors and three-point seat belts. They typically can go 15 to 25 miles per hour.

In South Carolina, sales of these carts have been soaring as dealerships alert customers to Uncle Sam's giveaway. "The Golf Cart Man" in the Villages of Lady Lake, Florida is running a banner online ad that declares: "GET A FREE GOLF CART. Or make $2,000 doing absolutely nothing!"

Golf Cart Man is referring to his offer in which you can buy the cart for $8,000, get a $5,300 tax credit off your 2009 income tax, lease it back for $100 a month for 27 months, at which point Golf Cart Man will buy back the cart for $2,000. "This means you own a free Golf Cart or made $2,000 cash doing absolutely nothing!!!" You can't blame a guy for exploiting loopholes that Congress offers.

The IRS has also ruled that there's no limit to how many electric cars an individual can buy, so some enterprising profiteers are stocking up on multiple carts while the federal credit lasts, in order to resell them at a profit later. We should note that some states, such as Oklahoma, have caught on to the giveaway and are debating whether to cancel or limit their state credits. But in Congress they're still on the driving range.

This golf-cart fiasco perfectly illustrates tax policy in the age of Obama, when politicians dole out credits and loopholes for everything from plug-in cars to fuel efficient appliances, home insulation and vitamins. Democrats then insist that to pay for these absurdities they

have no choice but to raise tax rates on other things—like work and investment—that aren't politically in vogue. If this keeps up, it'll soon make more sense to retire and play golf than work for living.


See when you tell me not to believe all I read,This is wrong.
Obama was NOT in Office when the EIEA act was sign by Bush JJ.
I'm in the business,I know the business.
I WISH Obama had Renewed the act,he did NOT.
There was all kinds of Mis-Info going around and Tons of scams.
The act was from 1-1-2009 to 12-31-2009,Obama wasnt in Office on 1-1-2009.

Call 864-297-8833 Ask for Joe Wallington the Sale Manager of J.H.Global/Star.
Let him tell you all you want to know.


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Posts: 491 | Location: Suwanee/Sugar Hill,Ga. | Registered: February 19, 2004Reply With QuoteReport This Post



DRR Sportsman
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NOTE:Signed into law Oct.3-2008
The Emergency Economic Stabilization Act of 2008 (Public Law 110-343) [4], which was signed into law on October 3, 2008, incorporates EIEA2008 in Division B. Provisions in EIEA2008 that require funding appropriations to be implemented, whose impact is highly uncertain or that require further specification by Federal agencies or Congress, are not included in AEO2009. Moreover, AEO2009 does not include any provision that addresses a level of detail beyond that modeled in NEMS. AEO2009 addresses those provisions in EIEA2008 that establish specific tax credits and incentives, including the following:

* Extension of the residential and business tax credits for renewable energy as well as for the purchase and production of certain energy-efficient appliances, many of which were originally enacted in EPACT2005
* Removal of the cap on the tax credit for purchases of residential solar photovoltaic (PV) installations and an increase in the tax credit for residential ground-source heat pumps
* Addition of a business investment tax credit (ITC) for combined heat and power (CHP), small wind systems, and commercial ground-source heat pumps
* Provision of a tax credit for the purchase of new, qualified, plug-in electric drive motor vehicles
* Extension of the income and excise tax credits for biodiesel and renewable diesel to the end of 2009 and an increase in the amount of the tax credit for biodiesel and renewable diesel produced from recycled feedstock
* Provision of tax credits for the production of liquid petroleum gas (LPG), LNG, compressed natural gas (CNG), and aviation fuels from biomass
* Provision of an additional tax credit for the elimination of CO2 that would otherwise be emitted into the atmosphere in enhanced oil recovery and non-enhanced oil recovery operations
* Extension and modification of key renewable energy tax provisions that were scheduled to expire at the end of 2008, including production tax credits (PTCs) for wind, geothermal, landfill gas, and certain biomass and hydroelectric facilities
* Expansion of the PTC-eligible technologies to include plants that use energy from offshore, tidal, or river currents (in-stream turbines), ocean waves, or ocean thermal gradients.

The following discussion provides a summary of the EIEA2008 provisions included in AEO2009 and some of the provisions that could be included if more complete information were available about their funding and implementation. This discussion is not a complete summary of all the sections of EIEA2008.

End-Use Demand

Residential and Commercial Buildings

EIEA2008 reinstates and extends tax credits for renewable energy and for the purchase and production of certain energy-efficient appliances, many of which were originally enacted in EPACT2005. Some of the tax credits are extended to 2016. In addition, the $2,000 cap for residential PV purchases is removed, and the cap for ground-source heat pumps is raised from $300 to $2,000. The legislation also adds business ITCs for CHP, small wind systems, and commercial ground-source heat pumps.

Residential Tax Credits

EIEA2008 Titles I and III include various extensions, modifications, and additions to the tax code that have the potential to affect future energy demand in the residential sector. Sections 103 through 106 of Title I reinstate the tax credits that were implemented under EPACT2005 for efficient water heaters, boilers, furnaces, heat pumps, air conditioners, and building shell equipment, such as windows, doors, weather stripping, and insulation. The amount of the credit varies by appliance type and ranges from $150 to $300. The maximum credit for ground-source heat pumps, which was $300 under EPACT2005, is $2,000 under EIEA2008. For solar installations, which can receive a 30-percent tax credit under both EPACT2005 and EIEA2008, the $2,000 cap has been removed. With the cost and unit size of residential PV assumed in AEO2009, the credit can now reach nearly $10,000 per unit. The tax credit for small wind generators is also extended through 2016 in EIEA2008; however, penetration of residential wind installations over the next decade is projected to be negligible.

Sections 302, 304, and 305 of EIEA2008 Title III also contain provisions that can directly or indirectly affect future residential energy demand. Section 302 adds a provision to allow a tax credit for the use of biomass fuel, which can include wood, wood pellets, and crops. In NEMS, the credit is represented as a reduction in the cost of wood stoves used as the primary space heating system. Section 304 extends the $2,000 tax credit for new homes that are 50 percent more efficient than specified in the International Energy Conservation Code through 2009. Section 305 extends the PTC for refrigerators, dishwashers, and clothes washing machines that are a certain percentage more efficient than the current Federal standard. The duration and value of the credit vary by appliance and the level of efficiency achieved. For AE02009, it is assumed that the full amount of the credit is realized by consumers in the form of reduced purchase costs.

Commercial Tax Credits

Sections 103, 104, and 105 of EIEA2008 Title I extend or expand tax credits to businesses for investment in energy efficiency and renewable energy properties. Section 103 extends the EPACT2005 business ITCs (30 percent for solar energy systems and fuel cells, 10 percent for microturbines) through 2016; expands the ITC to include a 10-percent credit for CHP systems through 2016; and increases the credit limit for fuel cells from $500 to $1,500 per half kilowatt of capacity. Section 104 provides a 30-percent business ITC through 2016 for wind turbines with an electrical capacity of 100 kilowatts or less, capped at $4,000. Section 105 adds a 10-percent business ITC for ground-source heat pumps through 2016. In the AEO2009 reference case, relative to a case without the tax credits, these provisions result in a 3.2-percent increase in electrical capacity in the commercial sector by 2016.

Section 303 of EIEA2008 Title III extends the EPACT2005 tax deduction allowed for expenditures on energy-efficient commercial building property through 2013. This provision is not reflected in AEO2009, because NEMS does not include economic analysis at the building level.

Industrial Sector

Under EIEA2008 Title I, “Energy Production Incentives,” Section 103 provides an ITC for qualifying CHP systems placed in service before January 1, 2017. Systems with up to 15 megawatts of electrical capacity qualify for an ITC up to 10 percent of the installed cost. For systems between 15 and 50 megawatts, the percentage tax credit declines linearly with the capacity, from 10 percent to 3 percent. To qualify, systems must exceed 60-percent fuel efficiency, with a minimum of 20 percent each for useful thermal and electrical energy produced. The provision was modeled in AEO2009 by adjusting the assumed capital cost of industrial CHP systems to reflect the applicable credit.

Section 108 extends an existing PTC, originally created under the American Jobs Creation Act of 2004 for new “refined coal” facilities producing steam coal, to those that produce metallurgical coal for the steel industry. The credit applies to coal processed with liquefied coal waste sludge and “steel industry coal” (defined as coal used for feedstock in coke manufacture). The production credit for steel industry coal is $2 per barrel of oil equivalent actually produced (equivalent to 34 cents per million Btu or $8.55 per short ton) over the first 10 years of operation for plants placed in service in 2008 and 2009. Because the AEO2009 NEMS does not include the level of detail addressed by this tax credit, its incremental effect is not reflected in AEO2009. To the extent that the credit is passed on from coal suppliers as a reduction in the price of metallurgical coal, the provision would tend to reduce steel production costs and provide an incentive for domestic manufacture of coke.

**Transportation Sector**

EIEA2008 Title II, Section 205, provides a tax credit for the purchase of new, qualified plug-in electric drive motor vehicles. According to the legislation, a qualified plug-in electric drive motor vehicle must draw propulsion from a traction battery with at least 4 kilowatthours of capacity, use an off-board source of energy to recharge the battery, and, depending on the gross vehicle weight rating (GVWR), meet the U.S. Environmental Protection Agency (EPA) Tier II vehicle emission standards or equivalent California low-emission vehicle emission standards.

The tax credit for the purchase of a PHEV is $2,500 plus $417 per kilowatthour of traction battery capacity in excess of the minimum required 4 kilowatthours, up to a total of $7,500 for a PHEV with a GVWR of 10,000 pounds or less. The limit is raised to $10,000 for any new eligible PHEV with a GVWR between 10,000 and 14,000 pounds, $12,500 for a PHEV between 14,000 and 26,000 pounds GVWR, and $15,000 for any eligible PHEV with a GVWR greater than 26,000 pounds.

The legislation also includes a phaseout period for the tax credit, beginning two calendar quarters after the first quarter in which the cumulative number of qualified plug-in electric vehicles sold in total by all manufacturers reaches 250,000. The credit will be reduced by 50 percent in the first two calendar quarters of the phaseout period and by another 25 percent in the third and fourth calendar quarters. Thereafter, the credit will be eliminated. Regardless of calendar quarter or whether 250,000 vehicles are sold, the credit will be phased out after December 31, 2014. The tax credits for PHEVs are included in AEO2009.

Liquids and Natural Gas

EIEA2008 includes tax provisions that address petroleum liquids and natural gas. In Title II, “Transportation and Domestic Fuel Security Provisions, Credits for Biodiesel and Renewable Diesel,” Section 202 extends income and excise tax credits for biodiesel and renewable diesel to the end of 2009. The legislation also raises the credit from 50 cents per gallon to $1 per gallon for biodiesel and renewable diesel from recycled feedstock. It also removes the term “thermal depolymerization” from the definition of renewable diesel and replaces it with “or other equivalent standard,” allowing biomass-to-liquids (BTL) producers to obtain the $1 per gallon income tax credit. The legislation further specifies that the term “renewable diesel” shall include fuel derived from biomass that meets Defense Department specifications for military jet fuel or American Society for Testing and Materials specifications for aviation turbine fuel. These provisions are included in AEO2009.

Section 204 extends the excise tax credit for alternative fuels under Section 6426 of the Internal Revenue Code through 2009. Beginning on October 1, 2009, qualified fuel derived from coal through gasification and liquefaction processes must be produced at a facility that separates and sequesters at least 50 percent of its CO2 emissions, increasing to 75 percent beginning in 2010. Section 204 also provides credits applicable to biomass gas versions of LPG, LNG, CNG, and aviation fuels. This provision is also included in AEO2009.

Coal

EIEA2008 Title I, Subtitle B, “Carbon Mitigation and Coal Provisions,” modifies the tax credits available to coal consumers who sequester CO2. In Section 111, an additional $1.25 billion is allocated to advanced coal-fired plants that separate and sequester a minimum of 65 percent of the plant’s CO2 emissions, bringing the aggregate ITC available for advanced coal projects to $2.55 billion. For this additional ITC, the allowable credit is equivalent to 30 percent of the project’s qualified investment cost. Qualified investments include any expenses for property that is part of the project. For example, expenses for equipment for coal handling and gas separation would be qualifying investments if they were required for the project.

Section 112 provides an additional $250 million in ITCs for carbon sequestration equipment at qualified gasification projects, including plants producing transportation-grade liquid fuels. Eligible feedstocks for the projects include coal, petroleum residues, and biomass. To qualify for the ITC, a gasification facility must capture and sequester a minimum of 75 percent of its potential CO2 emissions.

Section 115 of Subtitle B provides an additional tax credit for sequestration of CO2 that would otherwise be emitted into the atmosphere from industrial sources. Tax credits of $10 per ton for CO2 used in enhanced oil recovery and $20 per ton for other CO2 sequestered are available. The Section 115 tax credit is limited to a total of 75 million metric tons of CO2. In the AEO2009 reference case, Sections 111, 112, and 115 are modeled together, resulting in 1 gigawatt of advanced coal-fired capacity with CCS by 2017.

Section 113 of Subtitle B extends the phaseout of payments by coal producers to the Black Lung Disability Trust Fund from 2013 to 2018. This provision also is modeled in the AEO2009 reference case.

Other coal-related provisions of Subtitle B are not included in AEO2009, either because their effects on energy markets are minimal or nonexistent, or because they cannot be modeled directly in NEMS. They include: a provision that refunds payments to the Black Lung Disability Trust Fund for U.S. coal exports (Section 114); classification of income derived from industrial-source CO2 by publicly traded partnerships as qualifying income (Section 116); a request for a National Academy of Sciences review of GHG provisions in the IRS Tax Code (Section 117); and a tax credit for alternative liquid fuels that is valid only through the end of 2009 (Section 204).

Renewable Energy

EIEA2008 also contains several provisions that extend and modify key tax provisions for renewable energy that were scheduled to expire at the end of 2008. Section 101 extends the PTC for wind, geothermal, landfill gas, and certain biomass and hydroelectric facilities. Wind facilities that enter service before January 1, 2010, are eligible for a tax credit of 2 cents per kilowatthour, adjusted for inflation, on all generation sold for the first 10 years of plant operation. Other eligible plants will receive the tax credit if they are on line by December 31, 2010 (but biomass plants that do not use “closed-loop” fuels [5] will receive a credit of 1 cent per kilowatthour).

Section 102 expands the suite of PTC-eligible technologies to include plants that use energy from offshore, tidal, or river currents (in-stream turbines), ocean waves, or ocean thermal gradients. Projects must have at least 150 kilowatts of capacity and must be on line by December 31, 2011. The PTC extension is included in AEO2009 for all eligible technologies, with the exception of marine technologies, which are not represented in NEMS.

Section 103 extends the 30-percent ITC for business-owned solar facilities to plants entering service through December 31, 2016. The tax credit is valued at 30 percent of the initial investment cost for solar thermal and PV generating facilities that are owned by tax-paying businesses (residential owners can take advantage of tax credits discussed below; other forms of government assistance may be available to tax-exempt owners). Starting in 2017, eligible facilities will receive only a 10-percent ITC, which is not scheduled to expire. The extension through 2016 and the permanent 10-percent ITC are represented in AEO2009.

Section 107 authorizes continuation of the Clean and Renewable Energy Bonds (CREB) program at a level of $800 million. CREBs are issued by tax-exempt project owners (municipals and cooperatives) to raise capital for the construction of renewable energy plants. Interest on the bonds is paid by the Federal Government in the form of tax credits to the bond holders, thus providing the bond issuer with interest-free financing for qualified projects. Because NEMS assumes that all new renewable generation capacity will come from independent power producers, this provision, which targets public utilities, is not included in AEO2009.



4. For complete text of the Emergency Economic Stabilization Act of 2008, including Division B, “Energy Improvement and Extension Act of 2008,” see web site http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?db name=110_cong_bills&docid=f:h1424enr.txt.pdf.

5. “Closed-loop” refers to fuels that are grown specifically for energy production, excluding wastes and residues from other activities, such as farming, landscaping, forestry, and woodworking.


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Posts: 491 | Location: Suwanee/Sugar Hill,Ga. | Registered: February 19, 2004Reply With QuoteReport This Post
<Jeremy J.>
posted
 
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<Jeremy J.>
posted
Ronnie supports the bank bailout when it suits him I guess. Hypocrisy at its best.
 
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DRR Elite
Picture of Bill Koski
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No wonder the duped boob RETARD leftists are abject failures at business! When one's competition is taking advantage of a legally enacted program, no matter how misguided, if one desires to remain competitive one had better utilize the program to their advantage!
PORKERIA!
$160,000,000.00 for "volunteers"?????????????
$1,000,000,000.00 for noaa, payola for algore and his fellow man-made global warming nuts!
$300,000,000.00for federal employees cars?
$1,500,000,000.00 for carbon capture projects, more payola for algore and ilk!!!!!!!!!!!
$1,300,000,000.00 for NASA, including $450,000,000.00 for "science", more payola for algore and ilk!!!!!!!!!!!!!!
$39,000,000,000.00 slush fund for states, keeping the government union workers in the pink!
$850,000,000.00 for AMTRAK, money into a bottom less rathole!
$200,000,000.00 for workplace safety at USDA???????????????????
$5,500,000,000.00 making fed buildings green, YET MORE PAYOLA for algore and ilk!!!!!!!!!!!!
$2,000,000,000.00 payoff for blago, he claims he's broke?????????????????


TAKE IT TO THE BANK!!!!!
Later, Bill Koski
 
Posts: 10862 | Location: LAS VEGAS. NEVADA, US of A | Registered: December 03, 1999Reply With QuoteReport This Post
<Jeremy J.>
posted
quote:
Originally posted by Jeremy J.:
Hypocrisy at its best.
 
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DRR S/Pro
Picture of The Bozman
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JJ,
Amazing how Ronnie showed you everything that has been done around that and he is in the business. You continue to tell him differently and you are referencing op-ed's in newspapers. I don't know anything about what it was or how it was derived but by reading what was presented it looks like Ronnie knows what he is talking about.


Keeping the Socialists and NEO-LIBERALS at bay with FACTS one post at a time !!!

Freedom isn't free !!! Thank a veteran, they will actually appreciate it.
 
Posts: 2306 | Location: Rockwall, Texas | Registered: June 25, 2002Reply With QuoteReport This Post
DRR Sportsman
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Its useless to try to talk with him.
Its was as it says the EIEA act,we called it the Clean Air act of 2008.
It was a tax incentive to get people to buy Electric cars,of course there were none.

It also included any Fully Electric rechargeable Street Legal Vehicle that met the IRS criteria.
LSV (Low Speed Vehicles) fell into the Act.
The taxpayer Only got a tax credit IF they had paid in that much.
He says its part of the Obama Stimulus.
Read above where it was signed by Bush Oct.3-2008.
Its was not,is not and the fact is Obama would NOT renew the LSV part.
JJ and the others dont want to hear the truth,they just want to hear what suits them.
The CEO of Star Cars read JJ notes to me and thought I was pulling a joke on him.
I give up talking with FOOLS,there is no point in it.

There is NO Stimulus for Golf Carts.
None,I have had EZGO and Star look at JJ links and post and they have no idea what this is.
The EIEA act was a Tax Credit meaning you got Your money back that you paid in.
It was signed into law Oct-3-2008 along with a bunch of other stuff by Bush.
The LSV Credit ended 12-31-2009 and Obama did NOT renew it.

I have not sold ONE LSV car this year.
The old tax credit of 10% of the purchase price is still available,but not worth it.

This message has been edited. Last edited by: ronnie davis,


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DRR Sportsman
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Tax Breaks Available for Taxpayers Who Purchase Qualified Plug-In Electric Vehicles

WASHINGTON — Plug-in electric vehicles using certain types of batteries may qualify for a new tax credit if purchased this year, the Internal Revenue Service said today.

The Emergency Economic Stabilization Act of 2008 (EESA) and the American Recovery and Reinvestment Act of 2009 (ARRA) created two new tax credits for various types of electric vehicles, which may include what are commonly referred to as neighborhood electric vehicles.

ARRA creates a tax credit for low-speed or two- or three-wheel electric vehicles, such as motor scooters, purchased after Feb. 17, 2009, and before Jan. 1, 2012. The amount of the credit is 10 percent of the cost of the vehicle, up to a maximum credit of $2,500. To qualify, a vehicle must be either a low-speed vehicle that is propelled to a significant extent by a rechargeable battery with a capacity of at least 4 kilowatt hours or be a two- or three-wheeled vehicle that is propelled to a significant extent by a rechargeable battery with a capacity of at least 2.5 kilowatt hours.

This is the Car and LSV Part****************
EESA created a tax credit for vehicles that have at least four wheels and draw propulsion using a rechargeable traction battery with at least four kilowatt hours of capacity. For 2009, the minimum credit is $2,500 and the credit tops out at $7,500 to $15,000, depending on the weight of the vehicle and the capacity of the battery.

During 2009, low-speed, four-wheeled vehicles manufactured primarily for use on public streets, roads and highways (neighborhood electric vehicles) may qualify both for the EESA credit and, if purchased after February 17, 2009, for the ARRA credit for low-speed electric vehicles. A taxpayer may not claim both credits for the same vehicle. Vehicles manufactured primarily for off-road use, such as for use on a golf course, do not qualify for either credit.

The Internal Revenue Service is working on guidance regarding certification procedures for both of these credits.

Bottom Line.
A Tax Credit to get people to BUY Electric CARS (Thank the EPA for that).
A Golf Cart never had gotten a credit.
Yes it looks like a cart but its a LSV and is Fully Street Legal and can only be new and come from the Manufacture.
It has vin #,Bill of Orgin,and all the required DOT equipment etc.
You tag it and title it,insure it and drive it like a car.
I've wasted enough time on this.
JJ and the other 3 are Fools.
If Obama had done this I'd say he did.
I wanted the Tax Credit (not a give away free stimulus) renewed,It would have created JOBS and Business,so now you see why Obama Didnt renew it.
I dont lie like JJ and the Liberal Fools.

The news go out when the WSJ wrote on it Oct.17-2009
But it was Wrong.
Fox News reported you could get a Free Golf Cart,Wrong too.
There were many scams to.
Lot of Stupid people bought used golf carts base of a Ebay add.
I had thousands of calls,95% were people with money looking for a tax credit,so Obama couldnt keep it and give it to Acorn,the Black Panther Party Etc.
TAX CREDIT,Applied to what you Owed or had taken out of you Ck.
Some retired people used it because they paid so much in taxes on their retirement money,But very few have that type of tax debt.

This message has been edited. Last edited by: ronnie davis,


www.davisgolfcarts.com
E-Z-GO,Star & American Sportsworks Certified Dealer
 
Posts: 491 | Location: Suwanee/Sugar Hill,Ga. | Registered: February 19, 2004Reply With QuoteReport This Post
DRR All Star
Picture of Scott Smith
posted Hide Post
I'm glad I don't visit over here much. This $hyt gets my blood boiling. There are about 4 dumb mother phockers in this thread.



 
Posts: 7021 | Location: Montgomery Al. USA | Registered: October 04, 2001Reply With QuoteReport This Post
DRR All Star
Picture of Scott Smith
posted Hide Post



 
Posts: 7021 | Location: Montgomery Al. USA | Registered: October 04, 2001Reply With QuoteReport This Post
DRR Sportsman
posted Hide Post
quote:
Originally posted by Scott Smith:

Good Post Scott.

I forgot what I was taught as a child.
*Never argue with a Idiot,they will pull you down to their level and beat you with experience (Thats Idiot experience) every time.

I have been a Star dealer since they open.
I had the 8936 IRS forms before Star or any dealer in the USA.
But I dont know my business or how I sold the LSV in 2009.
I sold LSV Cars to people in Texas & Alaska,But I didnt know the IRS Criteria?

Guys I have to stay out here,Its to time consuming and makes me want to hunt the Fools down and beat them to they beg for their Mother,Obama.
Good Luck with the 4 Fools in here.


www.davisgolfcarts.com
E-Z-GO,Star & American Sportsworks Certified Dealer
 
Posts: 491 | Location: Suwanee/Sugar Hill,Ga. | Registered: February 19, 2004Reply With QuoteReport This Post
<Jeremy J.>
posted
quote:
Originally posted by The Bozman:
JJ,
Amazing how Ronnie showed you everything that has been done around that and he is in the business. You continue to tell him differently and you are referencing op-ed's in newspapers. I don't know anything about what it was or how it was derived but by reading what was presented it looks like Ronnie knows what he is talking about.


The fact remains, he claims to be a die-hard conservative, yet he profits from stimulus either via the Obama stimulus package.... or the bank bailout. And THEN *****es about the government getting involved in businesses. It's a shame you guys are so far stuck up his pant leg that you fail to recognize the hypocrisy.

So Ronnie just resorts to name-calling without explaining to us why he *****es about government intervention unless it benefits himself.

By the way, Ronnie's been teasing us about leaving for quite some time now. Again........... he doesn't stand by his word.

This message has been edited. Last edited by: <Jeremy J.>,
 
Reply With QuoteReport This Post
DRR Sportsman
Picture of 1355PRO
posted Hide Post
quote:
Originally posted by ronnie davis:
I like Clinton wayyyyyyyyyy better that the Half Breed Muslim with Zero Experience at Anything.
As far as BC cheating,would you want Hillary?
Nope.



"Half Breed".....I have four bi-racial nieces and you could'nt hold thier fathers jock strap...


Eric Macchiaroli
S/R1355 80 Arrow

 
Posts: 473 | Location: Glenshaw PA | Registered: February 25, 2000Reply With QuoteReport This Post
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