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Forums » New Broadband Tax Incentive Bill » I wonder
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*Expense* not write off »
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oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA

1 edit

Re: I wonder

Subsidy? I'm sure the leftists will see it that way, but not permitting this goes beyond taxing profit to taxing reinvestment. What's next, business can't write off wages? If gov't wants growth they should not be punishing investment.
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Life is good without the headache of Comcrap HSI
permalink · 2005-06-03 14:13:55 · Reply to this
sitetest

join:2005-05-25
Davidsonville, MD

Re: I wonder

Actually, reinvestment isn't taxed, ultimately. For capital investments and improvements made that can't be immediately written off, they may be depreciated. The advantage of the immediate write-offs is that the tax savings all come up front, rather than over the life of the depreciation schedule.

And time is money.
permalink · 2005-06-03 16:22:43 · Reply to this
Forums » New Broadband Tax Incentive Bill*Expense* not write off »
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