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Maybe that’s why Ty is still a privateer..
”can’t take my write off man..”
ha
For all downvotes, you are correct. Especially at Kawi - they don’t play!
If you could go back and do that with 99% of your posts here…that would be just great.
No dude. You're ignorant. You're ignoring the write off clause in the tax code. They all write off their losses. I do it too. I'm an independent business man. Every interaction with your dumb posts is a write off for me. Thank you for saving me cash.
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I'm starting to feel bad because I think you're missing the classic Seinfeld/Kramer joke I was putting down. I didn't mean to ruffle any feathers, it was aimed at the other guy you were debating that felt Kawasaki could easily throw out cash prizes to Ty like it was free and they could just write it off their endless budget.
Please continue with you're regularly scheduled programming now..
Read my prior response again and then explain to me again how "write off" means unlimited cash. I am sure if you are a "business man" (grammar) you understand that although you can write off mileage for example......that the only thing you are saving is the income tax associated with that $ amount. It doesn't give that $ back to you. This is hilarious on numerous levels and I appreciate the comedy today sir.
I can't believe I'm stepping into this POS... "Write Off" is a business term or phrase, not actually accounting. "I'm giving up on this investment or asset, so I'm writing it off" means that you are taking an expense lowering your profits (and usually tax basis).
What we're referring to here with Masterpool is should Kawi add the additional expense to their race team? Remember the big 3 are HUGE manufacturing giants and their motorcycle divisions are only part of it. Having been part of the financial end of a race team, I believe NO race team makes money. That's why we only see huge manufacturers and rich individuals who love moto supporting them. The manufacturers hope the racing spurs R&D development which increases new bike sales and the rich get to rub shoulders with the sport's stars until they get bored.
Corporations make budgets for all of their divisions and the motorcycle division would have to tell corporate they need more money to adjust their budget mid-year. If they could prove it will improve their bottom line (profits), then they'll get the money. Ty is a "blue bird" for Kawasaki and making them money without costing them anything. Sadly, corporations have no soul or compassion, they exist only to make money : )
My mistake and I love the Seinfeld reference!
This hasn't aged well the past few weeks has it?
Yep. Lol
Can you tell me how the “write off” saves you more money than what you actually spent? Love the whole “you can just write it off” tirade as if “writing it off” puts money in your pocket. If I am wrong please enlighten me as I have been trying hold on to as much of my check as possible but after many many years, Uncle Sam always wins!
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