Thank you as always Jon. I watched the very strange cult performance of the Muskie, it was the same old shit and fake promises as always and so you need Optimus to serve the drinks.
Attention Trumpers, did you hear that? He said you can get a fully refundable tax credit for everything you pay on your car loan. That’s like getting a free car! Nope, you might be able to take a deduction for the interest you pay on your car loan, but probably only if you itemize instead of taking the standard deduction which you probably won’t, and that might reduce your federal income by your marginal tax rate times the interest you pay in a year. Woo hoo! I smell refund!
What taxes do we pay on car loans? Business or consumer? No tax on interest? An interest deduction? I can’t see any “car loan” tax that would be “eliminated.”
Thank you as always Jon. I watched the very strange cult performance of the Muskie, it was the same old shit and fake promises as always and so you need Optimus to serve the drinks.
TD, huh. Now there is a surprise. 🙄
Very helpful blog. I research Election Lab and EarlyWorm. Two great resources!
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Individuals DON'T PAY TAXES ON CAR LOANS! This is another LIE by DEMENTIA DON OLD. Please correct your mistaken discussion.
We pay interest, just like on other loans. Did the CONVICTED FELON offer to eliminate the interest payments?
Attention Trumpers, did you hear that? He said you can get a fully refundable tax credit for everything you pay on your car loan. That’s like getting a free car! Nope, you might be able to take a deduction for the interest you pay on your car loan, but probably only if you itemize instead of taking the standard deduction which you probably won’t, and that might reduce your federal income by your marginal tax rate times the interest you pay in a year. Woo hoo! I smell refund!
What taxes do we pay on car loans? Business or consumer? No tax on interest? An interest deduction? I can’t see any “car loan” tax that would be “eliminated.”
Fucking depressing news. I don’t blame you though. Have a great fucking weekend.
BRAVO!!! BRAVO!!! I feel sufficiently girded to get through the weekend!! Thank you, Jon!!
The Best