It is funny to me to hear people like Romney whine. First, he doesn't know a goddam thing about really small businesses....nothing. He has never been close to one. Think he knows what a family owned dry cleaners or a mom trying to start a business out of her home goes through? If you do, then, well...you're an idiot. I do pretty well, and was thinking about trading in my American made car for a fancy new Land Rover. So, I was looking on their website, and they had a category titled Business Tax Advantage. I thought it was pretty funny that things like this, for vehicles that start at mid $50's and go up to well over $100K have this plan. Why, for example, wouldn't any American made vehicle used for business at least 50% of the time have accellerated depreciation? Hmmmmmm?
I am keeping my US made Jeep Grand Cherokee, which still has more features than the Land Rover and has a beautiful interior and will no longer go back to flirting with European beauties. If I think that we give away the store to China so people can buy cheaper cheap shit at Wal Mart, then I have to practice what I preach. You should all do the same. Buy American, it's actually kind of hard to find for some items.
Business Tax Advantage
A great addition with greater deductions:
ANNOUNCING TAX DEPRECIATION ON
SELECT LAND ROVER AND RANGE ROVER MODELS.
Land Rover and Range Rover vehicles have the exclusivity, capability and performance to make any business owner proud. And with their new tax deduction advantages, owning one can be just as rewarding to your bottom line as to your business.
Since the Land Rover LR4, Range Rover Sport and Range Rover each have a Gross Vehicle Weight Rating (GVWR)* of between 6,000 and 14,000 lbs, they qualify for an accelerated tax depreciation schedule. When used for business over 50% of the time, they can even be depreciated at a faster rate than other luxury vehicles.
Contact your tax advisor today for full details and information on purchasing a Land Rover or Range Rover vehicle for your business.
*Individual tax situations may vary. The above information was accurate at the time of publishing. Federal rules and tax guidelines are subject to change. Consult your tax advisor for complete details on rules applicable to your transaction.
**Gross Vehicle Weight Rating (GVWR) is the manufacturer's rating of the vehicle's maximum weight when fully loaded with people and cargo.