fordtpworker1993 Posted July 28, 2007 Share Posted July 28, 2007 (edited) http://content.hamptonroads.com/story.cfm?...141&tref=po It's all about the money! Edited July 28, 2007 by fordtpworker1993 Quote Link to comment Share on other sites More sharing options...
chelsea Posted July 28, 2007 Share Posted July 28, 2007 WHERE IS SAFETY GLASSES? FIRE HIS ASS! HA HA HA JUST KIDDING AROUND http://content.hamptonroads.com/story.cfm?...141&tref=poIt's all about the money! Quote Link to comment Share on other sites More sharing options...
Mr.Roboto Posted July 28, 2007 Share Posted July 28, 2007 Well the guy only had 4-1/2 years in. Quote Link to comment Share on other sites More sharing options...
dark270 Posted July 28, 2007 Share Posted July 28, 2007 It's a shame he's selling it. If the roles were reversed, I would have done everything in my power to keep it. LINK-eBay what an IDIOT!! like the article said, sometimes it's about the money! Quote Link to comment Share on other sites More sharing options...
Quickdraw Posted July 28, 2007 Share Posted July 28, 2007 Its up top $27,000.. http://cgi.ebay.com/ebaymotors/Ford-F-150-...sspagenameZWDVW Quote Link to comment Share on other sites More sharing options...
Quickdraw Posted July 28, 2007 Share Posted July 28, 2007 It up to $27,000 http://cgi.ebay.com/ebaymotors/Ford-F-150-...sspagenameZWDVW Quote Link to comment Share on other sites More sharing options...
Quickdraw Posted July 28, 2007 Share Posted July 28, 2007 He almost certainly had to pay taxes on it... if the truck is valued at $30,000 that amount gets added to his income for the year could put him in the highest bracket he;'s ever been in.... - this means he probably paid at least $10,000 in sales tax, state income tax (if any) and federal income tax... It's really doubtful Ford paid the taxes for him but if they paid him $10,000 extra for taxes that amount is also taxable. Quote Link to comment Share on other sites More sharing options...
fordtpworker1993 Posted July 29, 2007 Author Share Posted July 29, 2007 He almost certainly had to pay taxes on it... if the truck is valued at $30,000 that amount gets added to his income for the year could put him in the highest bracket he;'s ever been in.... - this means he probably paid at least $10,000 in sales tax, state income tax (if any) and federal income tax... It's really doubtful Ford paid the taxes for him but if they paid him $10,000 extra for taxes that amount is also taxable. Why would he pay $10,000 in taxes? Quote Link to comment Share on other sites More sharing options...
DearbornDerek Posted July 29, 2007 Share Posted July 29, 2007 it would be sales tax...roughly $1800-2000, depending on the sales tax rate. Quote Link to comment Share on other sites More sharing options...
Tags Posted July 29, 2007 Share Posted July 29, 2007 It is taxed as income, that's what we were all told at NAP. The reality of it is that THAT truck wasn't the last truck BUILT at NAP. The truck he won had been built weeks earlier and while it may have been the 'last one off the line' it certianly wasn't the last truck BUILT at NAP. I would have kept the truck, probably given it to my dad to use, with rights to borrow it at anytime. :-) Quote Link to comment Share on other sites More sharing options...
FANTASTICFORD Posted July 29, 2007 Share Posted July 29, 2007 It is taxed as income, that's what we were all told at NAP. The reality of it is that THAT truck wasn't the last truck BUILT at NAP. The truck he won had been built weeks earlier and while it may have been the 'last one off the line' it certianly wasn't the last truck BUILT at NAP. I would have kept the truck, probably given it to my dad to use, with rights to borrow it at anytime. :-) I would have kept it too. It would be very nice to own a big part of history from a plant that built the number 1 selling truck in history for so long. I guess winning the truck was not a significant event for him as it would have been for a lot of us. Quote Link to comment Share on other sites More sharing options...
Bigcountry Posted July 29, 2007 Share Posted July 29, 2007 I don't blame him for cashing in! High personal property taxes, insurance, and gas! Shit, I would have let it go alot cheaper than that! Quote Link to comment Share on other sites More sharing options...
Harry Bennet Posted July 29, 2007 Share Posted July 29, 2007 History is more or less bunk "Myself, if I had won it, I would have driven the wheels off it because it's the last truck made by the employees of the Norfolk Assembly Plant," said Chris Kimmons, the president of United Auto Workers Local 919, which represented workers at the plant. "I guess it ain't all about tradition. Sometimes it's about money." Hey Chris- uh, do you realize, YOU could BUY it!!! Quote Link to comment Share on other sites More sharing options...
DearbornDerek Posted July 29, 2007 Share Posted July 29, 2007 It is taxed as income, that's what we were all told at NAP. Well that sucks. I know when we had a raffle for a truck last year, the winner (a high up union official no less) only had to pay sales tax. Maybe because a dealership was involved with giving the truck? Quote Link to comment Share on other sites More sharing options...
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