Alternative Motor Vehicle Credit

  

Categories: Tax, Econ

Use a rocket ship to get to work? Get to the grocery store via natural gas-powered mechanized pterodactyl? Super fun! Unfortunately, that has no bearing on the alternative motor vehicle credit.

Despite the very broad-seeming name, the alternative motor vehicle credit only really covers a single type of vehicle. You can only claim the credit for fuel cell vehicles, or those that use hydrogen power to drive the engine. Using the credit, you'll receive tax write offs for certain expenses related to the fuel cell vehicle. The IRS has a special form to figure out the credit - Form 8910 to be exact.

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Finance: What is Market Manipulation?2 Views

00:00

Finance allah shmoop What is market manipulation All right people

00:08

Ah sleazy hedge fund trader guy with a huge friendly

00:11

smile has been shorting shares of a vaguely known tech

00:16

name Thingamabob thingamabob Dot com Yeah that's it and yeah

00:20

even they don't know what this thing does Well heggie

00:22

mk sludge is betting the shares will go down soon

00:25

and he'll profit from the short sale Well they aren't

00:29

going down so he's panicking Well he just jumps into

00:32

action calling with a disguised voice a bunch of financial

00:37

journalists who have next to no training in finance He

00:40

whispers to them about fraud in the reporting of the

00:43

books of thing He finds an ident him to a

00:46

cod ical to an addendum on page four hundred eighty

00:49

two on their filings from their uh who's becca stan

00:52

office And then he whispers money laundering being unschooled in

00:57

hungry for a headline The journalists have no idea what

01:01

to dio who to call to actually get a real

01:03

reading on this issue S o they do what most

01:06

financial journalist d'oh which is just vomit letters on their

01:09

blogged writing about potential fraud at this thing All right

01:12

Well about eight seconds after the headlines start hitting the

01:15

tape well and they come from a four different journalists

01:18

So those headlines must be accurate right Well things doc

01:23

it's cut in half Heggie mix sludge covers is short

01:26

by buying back the shares he shorted and he makes

01:29

a fortune and the market has been perfectly manipulated illegally

01:34

Yeah you can't do this people This is not legal

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and it's just one illustration of tons of market manipulation

01:40

schemes out there Other schemes Well today an obvious one

01:44

lives inside all the social media world where fake news

01:48

can be planted anonymously with few if any repercussions for

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the violator if you can even find him Another more

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nefarious scheme involves collusion of that quote respected unquote wall

01:59

street sell side analysts who when filled with truckloads of

02:03

negative data about a company voluntarily given to him by

02:07

heggie mk sludge is finally swayed under the promise and

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boss pressure of massive commission revenues from that hedge fund

02:15

teo write something negative That is if the sell side

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analysts will only accede and write a very highly critical

02:23

report of the company confirming at least a few points

02:26

Made by the hedge fund that things were not so

02:28

rosy While then the remaining legions of wall street penguins

02:32

will all follow suit jumping into the waters of cell

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mortimer cell they'll crater the stock and let the hedge

02:40

fund make a fortune again covering his short Well the

02:42

same goes in the other direction of course with a

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little whisper that well google wants to buy them for

02:48

one hundred eighty two dollars a share I heard this

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in the the restroom there well in the real world

02:54

there's a close knit club of market manipulators you know

02:57

birds of a feather and they all tend to live

02:59

eventually right here f y i visiting hours are from 00:03:04.368 --> [endTime] ten to four tuesdays and fridays

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