I Say We Pool Our Money And Buy This

[NIGHTS OF BAGHDAD]

http://cgi.ebay.com/ebaymotors/ws/eBayISAP...RK%3AMEWAX%3AIT

[destructo]

i call totaling it after all my name IS destructo

[JOE]

i would like to have that in the city for a day, run over ever car that fails at driving

[ryno]

I'll chip in if you pay for gas.

[Amn_sinclair]

ill chip in, i just want the boat though!

[Genie]

What, to use as our communal Shishmobile?

[fineout]

this is like the buying the island idea that happened a few years ago...

[r1v3th3ad]

the island lives!

[Jeff_T]

Not a big fan of that Excursion but I'm down with the boat. I can't imagine doing 70mph in a boat, I've gone like 50 and that was intense.

[McLovin600]

Not a big fan of that Excursion but I'm down with the boat. I can't imagine doing 70mph in a boat, I've gone like 50 and that was intense.

I know what you mean. I saw a vid of a supercharged jetski goin almost 80!! crazy shit. also +1 on getting the boat only. Im in!

[fineout]

-as an aside i cant believe i only have 600 posts...damn i need to post whore a bit

but anyway dibbs on the boat the first week

[delSol_si]

dibs on the clusterfuck of gauges on that boat...

I agree though, would rather have the boat. That SUV looks gaudy.

I like my boat more though

[r1v3th3ad]

dibs on the penthouse at hookahforum island

[NIGHTS OF BAGHDAD]

Not a big fan of that Excursion but I'm down with the boat. I can't imagine doing 70mph in a boat, I've gone like 50 and that was intense.

boats and hoes!!!..lol

[ryno]

the island lives!

http://www.hookahforum.com/?showtopic=24238

HF Island FTW! We could use that truck and boat on there... just saying

[Amn_sinclair]

if we get the boat whos bringing it to europe for my turn?

[NIGHTS OF BAGHDAD]

i bet eric would do it..lol

[Jeff_T]

i bet eric would do it..lol

Maybe a tax write off if a majority of the use is for "business" purposes... Deliveries to Hawaii. Any tax accountants to get this ball rolling? Edited September 24, 2009 by Jeff_T

[Amn_sinclair]

maybe we could start a shisha running buisness and get shisha into united kingdom! No one could ever catch us in a boat that fast lol

[twoapplesplease]

I thought its not that practical.Though pretty cool.
Here's some of my thoughts for a better application for pooling our money.

A traviling hookah furom official smoke bus
A hookah forum official time share in hawaii
A official hookah forum hookah bar somewhere in the country

and my favorite An invetment in american manufacturing.To start a hookah company building the best and well designed hookahs right here in america.With everything made in america by americans.

[indian_villager]

Eh put that engine in something lower to the ground and with a tighter suspension and then we have a deal!

[delSol_si]

i bet eric would do it..lol

Maybe a tax write off if a majority of the use is for "business" purposes... Deliveries to Hawaii. Any tax accountants to get this ball rolling?

Fuck tax accounting. I am taking that class right now and hate it. There are so many fucking "rules" and then "exceptions to the rules" and then they even have "exceptions to the exceptions of the rules"

There are four basic principles in developing a tax system:
1. the tax system should promote equality (it should be equal to everyone)
2. the tax system should be convenient (meaning it shouldn't be hard, should be easy)
3. the tax system should contain certainty (meaning there should be a good amount of certainty in what you will owe or be owed)
4. the tax system should promote economy (meaning collection costs should be nominal by the government and nonexistant to the taxpayer)

The current tax system is completely fucked up and follows NONE of those guidelines, which were put into place way back when the country was first implementing a tax system. Back in the early days, the tax system actually DID fit these guidelines, but over time, congress and other assholes in "higher" power have decided to fuck the tax system up, just like they do anything else. *by the way, why is it that ever time our government touches something now a days, they disease it?*

Back to your question, yes if it were for business purposes, it would be tax deductible, but not worth it for eric. He won't be able to fully recover the money. Lets say eric makes $100,000 annually. He would probably be in the 35% tax bracket (if I am remembering correctly, I don't care enough to look it up). Then his taxes would be $35,000 (ignoring his personal exemption(s), dependencies, standard or itemized deductions, etc.). Now lets say he was able to deduct $10,000 for making that trip. His income would now be $90,000 (I think this would be AGI, but not 100% sure, doesn't matter for this example anyway). Now he would pay $31,500 in taxes. $35,000-$31,500= $3,500. It cost him $10,000 to make the trip, it only saved him $3,500 in taxes, that means he is still $6,500 worse off than he was before he made the trip.

Bleh....fuck I hate school right now.

[cgore]

Take it to a walmart parking lot during the snow season and give me a sled and a rope tied to the back. You should probably call the ambulance ahead of time though.

[Jeff_T]

i bet eric would do it..lol

Maybe a tax write off if a majority of the use is for "business" purposes... Deliveries to Hawaii. Any tax accountants to get this ball rolling?

Fuck tax accounting. I am taking that class right now and hate it. There are so many fucking "rules" and then "exceptions to the rules" and then they even have "exceptions to the exceptions of the rules"

There are four basic principles in developing a tax system:
1. the tax system should promote equality (it should be equal to everyone)
2. the tax system should be convenient (meaning it shouldn't be hard, should be easy)
3. the tax system should contain certainty (meaning there should be a good amount of certainty in what you will owe or be owed)
4. the tax system should promote economy (meaning collection costs should be nominal by the government and nonexistant to the taxpayer)

The current tax system is completely fucked up and follows NONE of those guidelines, which were put into place way back when the country was first implementing a tax system. Back in the early days, the tax system actually DID fit these guidelines, but over time, congress and other assholes in "higher" power have decided to fuck the tax system up, just like they do anything else. *by the way, why is it that ever time our government touches something now a days, they disease it?*

Back to your question, yes if it were for business purposes, it would be tax deductible, but not worth it for eric. He won't be able to fully recover the money. Lets say eric makes $100,000 annually. He would probably be in the 35% tax bracket (if I am remembering correctly, I don't care enough to look it up). Then his taxes would be $35,000 (ignoring his personal exemption(s), dependencies, standard or itemized deductions, etc.). Now lets say he was able to deduct $10,000 for making that trip. His income would now be $90,000 (I think this would be AGI, but not 100% sure, doesn't matter for this example anyway). Now he would pay $31,500 in taxes. $35,000-$31,500= $3,500. It cost him $10,000 to make the trip, it only saved him $3,500 in taxes, that means he is still $6,500 worse off than he was before he made the trip.

Bleh....fuck I hate school right now.

I had to take a tax accounting class last spring (my last semester before graduation) because I was 2 upper div credits short and this was the only class that fit into my sched. I was a finance major and had taken 2 accounting classes as prereqs for the college of business, but this was nothing like those. Needless to say it was pretty bad, but managed to pull a B, so I was happy. And after taking that class it's def evident the American tax system doesn't hit those 4 principals. The last section we covered was pretty much doing a complete tax form for a sole proprietor, partnership, S-corp and C-corp. remembering all the rules and things for deductions to/from AGI are horrific, and this was the first level tax accounting class not the advanced one. Glad I wasn't an accounting major taking those to graduate and worrying about taking the CPA as well.... Good luck man. Needless to say, if you're into accounting and pass the CPA you can start/have an excellent career, even in times like these. I think like 75% of our upcoming grads already had jobs, that says something about the accounting field.