Archive for February, 2009

Buy A Bike, Cut Your Taxes

Sunday, February 22nd, 2009

(reprinted from the MPG Motors newsletter) Subscribe to the newsletter here

Without getting into the pros or cons of the stimulus package that was signed into law, a section was added late in the negotiations between the House and Senate and later signed into law that allows a motorcycle purchaser to deduct the sales tax paid for a motorcycle purchase on one’s 2009 Federal tax return. This is outlined in:

SEC. 1008. ADDITIONAL DEDUCTION FOR STATE SALES TAX AND EXCISE TAX ON THE PURCHASE OF CERTAIN MOTOR VEHICLES and you can read it here.

As our products are considered motorcycles (even the scooters) in Pennsylvania, we believe this will apply across our product set. Of course you should never trust your scooter dealer for tax advice – that just isn’t prudent ;^).

Trust me, this is probably the last bit of tax advice you will hear from MPG Motors!

  • Share/Bookmark

Going Green Meeting

Sunday, February 15th, 2009

I recently got invited to a Going Green meeting by Representative Patrick Murphy. I’m pretty sure I was the only Powersports dealer there. This was a meeting to discuss the funds that Pennsylvania would receive from the federal government via the new stimulus bill in the energy sector. I sent in some questions before the meeting about areas that could make a big impact on transportation in Southeastern Pennsylvania – getting our traffic lights synchronized (as IBM is mentioning in their ads playing now) so we don’t just sit burning gas, making electric bicycles legal in Pennsylvania for in-town use, dedicated scooter/motorcycle parking spots as a couple of examples of things I’d like to see here.

Congressman Murphy introduced the meeting mentioning words near and dear to my heart, “His goal is to get us off foreign oil”. Cool. That is why I started MPG Motors.

After attending the meeting, it was apparent (and later confirmed), that as far as the stimulus bill is concerned – the funding for green energy doesn’t have anything to do with vehicles. It is only for buildings, power generation or conservation among other things. Most of the attendees were very excited at this meeting. For us – scooterists and motorcyclists – eh, not so much? Yes, we conserve fuel on our scooters and motorcycles – but that is not what this money is for.

So, we (you and MPG Motors) are still doing it the old fashioned way – on our own. We are doing it. The lack of funding does make some sense for the vehicles we sell. They are already available and don’t need to be developed. They get great gas mileage already and they are cheap to keep.

So, as we say, “Ride when you can and drive when you have to!” You’ll be doing a lot more than most by being Fun, Fast and Efficient!

  • Share/Bookmark