Lizard Testes
Gawd
- Joined
- Dec 21, 2016
- Messages
- 550
I'd have to be earning at least $130,000 to pay $7,500 in federal taxes.
You have 10 kids or something?
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I'd have to be earning at least $130,000 to pay $7,500 in federal taxes.
Frankly, I am in the same camp as you daily commute wise, but I made the complete opposite choice and went for an electric.
Vancouver BC's gas price hit an alltime North American high of USD $4.6/Gal, which made me think long and hard about hybrid or electric when it comes to what to buy.
I chose electric at the end, because I think I'd opt for rental for any kind of trip >300mi, so the car that I daily is strictly an intown A-B commuter.
I don't want to depend on one car to do it all at the end of the day.
You slightly missed my point. DINKS (dual income no kids) EACH making $65kl a year is the min needed to get the full benefit. Yes joint filers, with or without kids, making a total $65k is pretty bad.
You have 10 kids or something?
Household income of 130k with no deductions only pays 7500 in federal income tax? I think you've made a math error somewhere.
You have 10 kids or something?
If they are making $130,000, they should have significant deductions, unless they are the type that spends every penny they make on vacations or eating out.
You have state taxes, property tax, mortgage interest, etc.
Even if they don't have a home, they could each max out their 401k''s. That would good for $18,500 each, or a total of $37,000 in deductions right off the top. If they are over 55, they can each add another $5,500 in catch up contributions, for a $48,000 deduction. They can even add another $5,500 ($6,500 for over 55) each for an IRA contribution.
So if they are over 55, they can actually write off almost half that $130,000 income by funding their retirement.
Obviously, but he stipulated no deductions.
And you can't deduct 5500 for an IRA if you're making that much and maxing out your 401ks.
The Volt is a hybrid. I don't care if the gas engine is connected to the wheels or not. The Leaf is pure electric and seems like a Bolt competitor..No love for the Chevy Volt?
My co-worker keeps telling me how it is better than a Nissan Leaf since it has a mini-generator to recharge the battery when its battery reaches low capacity when you aren't able to hit up a recharging station.
Obviously, but he stipulated no deductions.
And you can't deduct 5500 for an IRA if you're making that much and maxing out your 401ks.
I always thought you could take the full amount of any federal tax credit, even if it is more that the amount you paid in, or is this only certain tax credits?I did stipulate that they did have to file jointly. You can do the math, Its about $65k per head in order to get $7500, each. If you are not filing jointly(or single) then yes only one head needs to make at least $65k.
Either way its pretty clear that in order to get the full benefit of the tax credit, you need to be "comfortable" in the central usa outside of all the "tech" cities. So the tax credit is not being used to get EV's into the hands of people who would otherwise be too poor to afford them vs the gasser.
No love for the Chevy Volt?
My co-worker keeps telling me how it is better than a Nissan Leaf since it has a mini-generator to recharge the battery when its battery reaches low capacity when you aren't able to hit up a recharging station.
Electric or not, I won't buy a car without a spare, or at least an option to add a spare tire.
Unlike the electric cars that don't even have space for a spare, many of the subcompact cars (at least a few years ago when I looked into this) still had room to add a compact spare.
The new gen Leaf actually looks infinitely better than the old one. I'd not drive the old even for free. They should make this available for real. Cut the price by 40% and I'd be game.I agree. They are currently too expensive. And all of them (except Tesla) look like terrible efficiency hatches. r.
You can buy a full sized or compact spare for any car any time.
I did stipulate that they did have to file jointly. You can do the math, Its about $65k per head in order to get $7500, each. If you are not filing jointly(or single) then yes only one head needs to make at least $65k.
Either way its pretty clear that in order to get the full benefit of the tax credit, you need to be "comfortable" in the central usa outside of all the "tech" cities. So the tax credit is not being used to get EV's into the hands of people who would otherwise be too poor to afford them vs the gasser.
The new gen Leaf actually looks infinitely better than the old one. I'd not drive the old even for free. They should make this available for real. Cut the price by 40% and I'd be game.
No love for the Chevy Volt?
My co-worker keeps telling me how it is better than a Nissan Leaf since it has a mini-generator to recharge the battery when its battery reaches low capacity when you aren't able to hit up a recharging station.
Maybe an English major or someone who majored in basket weaving?
Even 15 years ago when I graduated the starting salary fresh out of college for a mechanical engineer was about $50k. It went up a bit then dropped significantly after the financial crisis, but then has gone back up again.
First result when I google it is a Michigan Tech page on engineering salaries. It lists the median starting salary for a Mechanical Engineer at $64,695. Software engineers are a little higher at $70,477, surprisingly Computer Hardware Engineers are even higher than that at $72,030. I thought software was king in the engineering salary world. The lowest is th Environmental Engineer at $59k. I could have guessed Environmental would have been lower.
Haha, I've been in IT for 25 years, and can promise you no kid will get into a Tier 1 help desk for more than $30-35k. That is for IT.
https://www.payscale.com/research/US/Job=Help_Desk_Technician/Hourly_Rate/e039d4f9/Entry-Level $15.62 an hour.
IT Helpdesk Technician ≠ Engineer
And put it where? Electric cars have no space for a spare, since they eliminated the "spare tire well" to make space for the battery pack.
If it's a sedan, you can use up some of your limited trunk space.
But if it's a hatchback (like most electrics), you have to fine some place to securely tie down the tire.
If you have an accident, having a loose tire inside the passenger compartment (the back of the hatch back) can lead to serious injury or even death.
I don't get this hate towards hatches, for us Europeans it is perfectly normal to drive a hatch. My first car was a hatch and I loved it, despite the fact that by the time I sold it it started to disintegrate.I agree that the new one looks better than the old one, but that isn't saying much.
Tesla seems to be the only electric vehicle maker that has figured people don't want to drive something that looks quirky like a Prius, or like a budget grocery getting hatch.
Why is everyone babbling about this car being expensive? The standard Leaf is a 29K car. Why would would this one be different?
Again, entry level position, you can't call yourself an engineer if you haven't been in the field. lol
Why is everyone babbling about this car being expensive? The standard Leaf is a 29K car. Why would would this one be different?
Look at the Bolt. In 200 mile range form and a few options, this thing will be pushing $40k.
I don't get this hate towards hatches, for us Europeans it is perfectly normal to drive a hatch. My first car was a hatch and I loved it, despite the fact that by the time I sold it it started to disintegrate.
This is how it looked a few months after I got it: And this when I finally sold it 8 years later:
View attachment 90658 View attachment 90660
Again, entry level position, you can't call yourself an engineer if you haven't been in the field. lol
Shame heat is the killer of battery lifespan. Every additional 15 degrees Fahrenheit of increased temperature halves its lifespan (not sure how that varies between different battery techs). Link
It's 108 degrees here ya'll.
each 8°C (15°F) rise in temperature cuts the life of a sealed lead acid battery in half.
400 + miles or I'm not interested.
No love for the Chevy Volt?
My co-worker keeps telling me how it is better than a Nissan Leaf since it has a mini-generator to recharge the battery when its battery reaches low capacity when you aren't able to hit up a recharging station.
I now have a 2018 Civic Si Coupe, Energy Green Pearl. I do not want a leaf and will never want a leaf.
Why is everyone babbling about this car being expensive? The standard Leaf is a 29K car. Why would would this one be different?
And why is that? care to elaborate?