this post was submitted on 05 Sep 2023
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You can write off a private jet, which is terrible for carbon emissions, but you can't write off an electric car?
You can write off an electric car in the same way you can write off a jet. It's a company expense and required to perform your role in that company.
See the following steps to write anything at all off, note poor people may not have the prerequisite assets to make buying more assets tax free.
Step 1, create marketing company Step 2, assign income to that company from your other companies (you do have other companies right?) Step 3, do fun shit with stuff you bought Step 4 have accountant write it all off as marketing delivery expenses and client schmoozing.
This is exactly right. This is why rich people don't pay taxes, because everything can be written off in service of a company. But it can only be written off against the taxes collected on the gains of the company, so unless your company makes money, it doesn't really make sense.
Since when did you think we care about carbon emissions?
There is a tax rebate for electric cars.
Only up to $7,500, or none if your AGI is too high.