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Lady In Red
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Insanely Great
From Dan Neil's weekly automotive review in The Wall Street Journal. This week: Ford F-350 - the country boy's Rolls-Royce. Link here.
Best part of the story:
And here, dear readers, I mean to make you uncomfortable, especially those who scream bloody murder over tax credits for electric vehicles. This category of truck qualifies for an insanely generous federal tax credit to small-business owners who claim its use is more than 50% business-related.
Which in no way explains why you see so many of these guys launching pleasure craft down at the marina. Boats didn’t all of a sudden get heavier, you know.
Next best part of the story: the range is almost 700 miles. Yup, almost 700 miles between fill-ups. But the 48 gallons of diesel fuel will cost you about $100, about 15 pennies a mile.In the case of our test specimen, it is possible to deduct the entire $78,585 in the first year of ownership under the Section 179 deduction privilege rules. You don’t find that the least bit Keynesian? [Note: the "credit" is a tax deduction as the writer says, but by using the word "credit," he caused a lot of confusion.]
But isn't this insanely great: "... it is possible to deduct the entire $78,585 in the first year of ownership under the Section 179 deduction privilege rules?
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