As the year comes to a close, we want to remind you that Rep. Barbara Mikulski’s (D-Md.) Car Tax Credit that was included in the stimulus package this spring is still in effect, but not for much longer. Mikulski’s provision provides a state sales and excise deduction for all tax payers who purchased a new car [...]
For the uninitiated, the IRS is allowing up to $1300 tax credit for qualifying vehicles ($1700 for 2010 Golf TDI automatics), hybrids and clean burning diesels purchased prior to December 31st, 2010. The catch is that the credit is only allowed for the first 60,000 vehicles sold for each manufacturer. So how do you know [...]
“Oil that is…Black Gold…Texas Tea”, and it’s right under our noses! In fact, it turns out that parts of Montana and North Dakota are practically floating on the stuff! I’m talking about the Bakken formation. If you’re like me you’ve never heard of this huge oil deposit, the largest ever found in North America…four times [...]
More evidence that Maine lawmakers have never met a tax they didn’t like: The legislature will consider an 11-cents-per-gallon increase in the gas tax to help fund road repair, after the transportation committee approved the proposal without Republican support. The committee voted 9-4 in favor of the bill, with four of the five Republican members voting against it, [...]
This was a mission custom-made for a SEAL team. Maybe this will deter future would-be pirates from trargeting U.S. ships. SEALs free U.S. hostage, kill 3 pirates
digg_url = “http://leogibbons.com/blog/2009/04/08/excise-tax-cut-appears-headed-to-referendum-portland-press-herald/”;digg_title = “Excise tax cut appears headed to referendum”;digg_bgcolor = “#FFFFFF”;digg_skin = “normal”;digg_url = undefined;digg_title = undefined;digg_bgcolor = undefined;digg_skin = undefined; More evidence of Maine lawmakers’ anti-business attitude. Without argument, the biggest deterrent to new car sales in the state of Maine is the oppressive excise tax. Most states have either no fee, [...]
If you spent a million dollars a day beginning at Jesus’ birth through today, you’d come up just shy of 800 billion. Incredibly, Chuck Schumer says you don’t care about Congress’ “porky” spending projects. Sad to say, for the most part, I think he may be right.
We’ve seen this one coming for a long time. It’s just a matter of time. The Bible predicts a one-world government in the end-times. How close are we? “A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member [...]
Chrysler is betting the farm on a Fiat alliance. Will that be enough to keep the #3 US automaker afloat? Read Chrysler’s viability plan | Freep.com | Detroit Free Press
Who knows when the bleeding will stop? These are unprecedented times indeed. Briefing.com: GM, Chrysler Ask for Billions More
We all know that the auto industry is a gauge for the US economy, so it makes sense that any stimulus plan ought to include provisions to encourage Americans to buy cars. Here’s a few ideas that are being floated in the halls of Congress. Congress considers auto sales incentives – Jan. 29, 2009
So you still think ethanol is good for the environment? Think again. Ethanol will (1) reduce your gas mileage, thus increasing your gas consumption (2) clean everything it touches since it’s a solvent. Be prepared to replace gas filter, hoses & gaskets on a regular basis. And (3) just when we thought we had the [...]
I’ve noticed a 10% reduction in my fuel economy over the last month. For the last four years I’ve averaged 30 mpg without much variation. So when it suddenly dropped to 27 mpg a few weeks ago, I began to wonder why. Lo and behold, my local gas station had the answer. Beginning Nov. 1st, [...]
