Coming flood of Used EV's ...

[jefrank]

As a happy Telsa owner and an even happier F150 Platinum owner: f$$k Elon and whatever is going through his mind today

Ketamine, lots of ketamine.... that's what's going through his mind ;-)

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[Quibbs]

Ketamine, lots of ketamine.... that's what's going through his mind ;-)

 

[kf59]

Is Elon supporting this move?

Musk is getting a big military deal for his truck so he’s probably content.

 

[Jseis]

I’m disappointed in the OP’s use of “flood“ as a collective noun to describe a charging bank of EVs awaiting to discharge their pent up cells all over the Gulf of America.

 

[TaxmanHog]

You fail to see the efficiency because that's not the goal. Castrating the gov't and making it impossible to catch those cheating on their taxes is the goal. Us W-2 worker bees will still have to pay because of automatic withholding, but those who take in their money through other means that require enforcement to ensure are paid will reap untold benefits.

So, the "Enforcement" I speak of is something most of this audience is not familiar with, it's comforting for most W2 worker bees to think that they have complied, and that's well and good for those who do, I THANK YOU.

Here is the problem, my work focused on businesses that DID NOT remit the taxes taken from your paycheck, do you see the problem yet?

Payroll tax avoidance and failure to remit is a major problem, we're losing BILLIONS of dollars, I and my fellow Revenue Officers investigate these compliance lapses, attempt to recover the funds not paid, from present income, cash on hand, accounts receivables, seizure and sale of assets, be they personal or real-estate property.

Failing successful collection from the primary target, "business entity" we pursue the "Trust Fund" portion of that payroll tax ie. the portion taken from your periodic W2 salary, composed of Federal Income taxes and Social Security taxes and Medicare taxes. We will find the individual persons responsible and wilful for this theft of taxes and assess a civil penalty under IRC 6672, for 100% of that unpaid value of tax. this becomes a personal liability on the responsible party and accounted under their SSN.

We then proceed against the "personal" assets of the individual responsible parties (it can involve multiple liable persons) until the funds are recovered.

Needless to say this is a complex investigation, with long drawn out procedures, sometimes these assessments are not collected, and the entire kit is written off when the 10 year statute of limitations on collection of assessments has tolled.

Those probationary trainees were needed to strengthen the enforcement process, replace dying and retiring senior staff.

 

[jefrank]

So, the "Enforcement" I speak of is something most of this audience is not familiar with, it's comforting for most W2 worker bees to think that they have complied, and that's well and good for those who do, I THANK YOU.

Here is the problem, my work focused on businesses that DID NOT remit the taxes taken from your paycheck, do you see the problem yet?

Payroll tax avoidance and failure to remit is a major problem, we're losing BILLIONS of dollars, I and my fellow Revenue Officers investigate these compliance lapses, attempt to recover the funds not paid, from present income, cash on hand, accounts receivables, seizure and sale of assets, be they personal or real-estate property.

Failing successful collection from the primary target, "business entity" we pursue the "Trust Fund" portion of that payroll tax ie. the portion taken from your periodic W2 salary, composed of Federal Income taxes and Social Security taxes and Medicare taxes. We will find the individual persons responsible and wilful for this theft of taxes and assess a civil penalty under IRC 6672, for 100% of that unpaid value of tax. this becomes a personal liability on the responsible party and accounted under their SSN.

We then proceed against the "personal" assets of the individual responsible parties (it can involve multiple liable persons) until the funds are recovered.

Needless to say this is a complex, investigation, will long drawn out procedures, sometimes these assessments are not collected, and the entire kit is written off when the 10 year statute of limitations on collection of assessments has tolled.

Those probationary trainees were needed to strengthen the enforcement process, replace dying and retiring senior staff.

Yeah, I didn't even consider non-remittance by the employer. I've been fortunate to work for organizations that operated above board, at least in that respect. Not sure what else might have been going on behind the scenes, though. So, it's going to be even easier for bad actors to fail to remit tax payments on behalf of their employees. I'd be shocked if the current president wasn't among those businesses who failed to do so.

 

[Karlos]

So, the "Enforcement" I speak of is something most of this audience is not familiar with, it's comforting for most W2 worker bees to think that they have complied, and that's well and good for those who do, I THANK YOU.

Here is the problem, my work focused on businesses that DID NOT remit the taxes taken from your paycheck, do you see the problem yet?

Payroll tax avoidance and failure to remit is a major problem, we're losing BILLIONS of dollars, I and my fellow Revenue Officers investigate these compliance lapses, attempt to recover the funds not paid, from present income, cash on hand, accounts receivables, seizure and sale of assets, be they personal or real-estate property.

Failing successful collection from the primary target, "business entity" we pursue the "Trust Fund" portion of that payroll tax ie. the portion taken from your periodic W2 salary, composed of Federal Income taxes and Social Security taxes and Medicare taxes. We will find the individual persons responsible and wilful for this theft of taxes and assess a civil penalty under IRC 6672, for 100% of that unpaid value of tax. this becomes a personal liability on the responsible party and accounted under their SSN.

We then proceed against the "personal" assets of the individual responsible parties (it can involve multiple liable persons) until the funds are recovered.

Needless to say this is a complex investigation, with long drawn out procedures, sometimes these assessments are not collected, and the entire kit is written off when the 10 year statute of limitations on collection of assessments has tolled.

Those probationary trainees were needed to strengthen the enforcement process, replace dying and retiring senior staff.

As a 30 year CPA in private practice, I've seen a lot of what you're talking about above, tho I avoided (read FIRED) clients that didn't pay their taxes timely.

I found the Service (IRS) to be fair and impartial, but usually so understaffed that so much fell thru the cracks it was appalling. No one wants to get correspondence from IRS and they use fear as a weapon for compliance. When a new batch of auditors were hired, we'd see a brief round of random audits, then long periods of nothing but "paper audits".

With the advent of LLC's and similar business organization, we saw more and more people avoiding taxes by hiding behind these organizations - the Service obviously has no way to keep up with all the tax dodgers.

All this firing nonsense and funding cutbacks to IRS will only make things worse. Sadly, it will save small amounts they can brag about and ultimately cost BIG amounts they will ignore.

 

[chl]

So, the "Enforcement" I speak of is something most of this audience is not familiar with, it's comforting for most W2 worker bees to think that they have complied, and that's well and good for those who do, I THANK YOU.

Here is the problem, my work focused on businesses that DID NOT remit the taxes taken from your paycheck, do you see the problem yet?

Payroll tax avoidance and failure to remit is a major problem, we're losing BILLIONS of dollars, I and my fellow Revenue Officers investigate these compliance lapses, attempt to recover the funds not paid, from present income, cash on hand, accounts receivables, seizure and sale of assets, be they personal or real-estate property.

Failing successful collection from the primary target, "business entity" we pursue the "Trust Fund" portion of that payroll tax ie. the portion taken from your periodic W2 salary, composed of Federal Income taxes and Social Security taxes and Medicare taxes. We will find the individual persons responsible and wilful for this theft of taxes and assess a civil penalty under IRC 6672, for 100% of that unpaid value of tax. this becomes a personal liability on the responsible party and accounted under their SSN.

We then proceed against the "personal" assets of the individual responsible parties (it can involve multiple liable persons) until the funds are recovered.

Needless to say this is a complex investigation, with long drawn out procedures, sometimes these assessments are not collected, and the entire kit is written off when the 10 year statute of limitations on collection of assessments has tolled.

Those probationary trainees were needed to strengthen the enforcement process, replace dying and retiring senior staff.

Agreed.

Undermining the enforcement may be one of the goals of these billionaires in charge now with their complex web of corporations and other business entities whose sole purpose seems to be to hide money and other assets.

Not only did they RIF "probationary" employees but also the experienced investigators were targeted at the IRS and the FBI and the DOJ. They shut down the division that oversaw enforcement of foreign influence laws.

It is all about the money.
It always is.
The more they dismantle the enforcement, the more they can get away with.
The more they cut the federal government, the more they can have for tax cuts that overwhelmingly benefit the "rich."

It is an oligarch's dream scenario, a complicit executive and a silenced legislature, only the courts are left to prevent a complete subversion of the system.

Besides the IRS, DOJ, and FBI, RIF's, just think about all the air traffic controllers and other safety related employees who have been trained for 1 or 2 years and then let go because they were "probationary" the next time you fly....and the federal regulators in charge of ensuring nuclear plants are safe...and the EPA enforcers keeping water, air and land free from cancer causing substances...

What could go wrong with Mr Know-it-all and his high-school-level-juvenile-delinquent computer geeks running things?

For example, with a computer program they wiped any mention of the words “diversity,” “equity” and “inclusion”.

"That meant that in the Internal Revenue Service’s procedural handbook for employees, the terms were wiped out when referring to finances and tax procedures rather than actual DEI programs, the Wall Street Journal reported."

Simpletons!

https://www.theguardian.com/us-news/2025/jan/31/trump-administration-dei-irs

 

[chl]

As a 30 year CPA in private practice, I've seen a lot of what you're talking about above, tho I avoided (read FIRED) clients that didn't pay their taxes timely.

I found the Service (IRS) to be fair and impartial, but usually so understaffed that so much fell thru the cracks it was appalling. No one wants to get correspondence from IRS and they use fear as a weapon for compliance. When a new batch of auditors were hired, we'd see a brief round of random audits, then long periods of nothing but "paper audits".

With the advent of LLC's and similar business organization, we saw more and more people avoiding taxes by hiding behind these organizations - the Service obviously has no way to keep up with all the tax dodgers.

All this firing nonsense and funding cutbacks to IRS will only make things worse. Sadly, it will save small amounts they can brag about and ultimately cost BIG amounts they will ignore.

Untold billions in unpaid taxes by some estimates will not get collected because of RIFs.
Penny-wise and pound foolish as my grand-mother used to say, or, nefarious intentional RIFs to escape enforcement?

 

[chl]

I have never viewed a vehicle as an investment. It is a utility for dealing with our current societal structures. As such, there is nothing, literally nothing, that I would rather be driving. It is an absolute pleasure to drive, both short and long distances. I, for one, am happy and grateful that Ford made it and hope they continue to do so. For those who wish to “time the market”, evidence suggests you will always be disappointed.

Agree with the love of the Lightning.

But I have to disagree about timing the market - it worked beautifully for me with my Lightning purchase anyway.

Waiting until Jan 2024 got me the full benefit of the $7500 tax credit as an up front reduction in sales price at delivery, on top of hefty dealer discounts.

If I had bought in 2022 or 2023, I might have paid a $5k to $10k premium or more that some dealers were asking for around here, and no Ford incentives or dealer discounts were offered.

By the end of 2023, things were getting much better for a buyer.

 

[chl]

You would think Elon would be blowing in Dad's ear about supporting EV's! He owns the biggest EV manufacturer in the world (for now) and it's in his best interest to persuade the government to continue the build out! We are well on our way-

What is going on??

BYD has surpassed Tesla now. In the US Tesla is number 1, and the tariffs on Chinese EVs will keep it that way, no doubt.

He has said he is all for eliminating the EV tax credit, because he thinks it would only hurt his competitors to eliminate it.

 

[chl]

WE are talking chargers for EV's owned by the Government, not the public. We the public, paid for EV's to be used by the Forest Service etc., and the chargers are now being disconnected. Those EV's that the public own will have be be charged by Tesla and others, or sit idle.

Remember the good old days when we were going to get electric post office trucks ....

We are talking about thousands of EV's owned by the Feds, and this administration is turning off the power to the chargers.

Reminds me of when Reagan took the solar panels off the White House roof that Carter had installed.

 

[chl]

Because that would be unethical and he's never been in this for his own benefit. Nor does he or Tesla need the government's help.

LOL - I hope you are being sarcastic and do not really believe that.

 

[chl]

Correct but it says private vehicles won’t be able to going forward. Not saying this is an issue per se just interesting why they included private vehicles right next to govt vehicles. maybe private vehicles pay but won’t be able to use going forward but that makes so sense. But there’s a lot of things that don’t make sense in our govt.

if any govt employee in Virginia /Washington has a firm answer on this vs speculation.

They were not free.
This article explains it:

"...If we are being charitable, there is one case to be made for getting rid of chargers on government property, which is that reporting has suggested they are not very good. Reports have circulated around the web claiming many of the chargers located at federal buildings are of the slower Level 2 variant, and utilize CHAdeMO or similar defunct charging plugs—and employees still had to pay to charge, they were not free...."


https://gizmodo.com/u-s-government-...ause-they-are-not-mission-critical-2000566987

 

[chl]

Why?
It cost tax dollars to install them, what is wrong with just letting them run now that these were installed?
If they don't want to build any more, then don't, but allow the ones they paid to install to run.
Shutting them down cuts off any potential repayment of the initial cost to build them. And in the case of Gov EV's now instead of paying utility rate to charge them, they will pay fast charger rates? costing far more?
Or sell them off flooding the market with too many all at once which will lower the salvage value and cost even more tax dollars - is this is how you reduce tax-waste?

It's like a messy divorce or breakup where your wife or girlfriend shreds all your clothes.

Just plan old spite.

They have to wait for the network contract to expire before they can remove them I read.

This will mean more folks have to rely on the Tesla network, eh?
It has become a cut-throat business thanks to megalomania.

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