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Politics : A Neutral Corner
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To: Lane3 who wrote (260)9/19/2005 7:41:29 PM
From: Constant Reader  Read Replies (1) of 2253
 
Oh. My impression was that the discussion of buildings involved accelerated depreciation not 100% tax consideration, something the government allowed in the early years of the Reagan Administration and rescinded in the 1986 TEFRA bill.

The only mention of 100% tax considerations I remember was a sizable increase in the amounts allowed for 100% first-year write off of equipment purchases. Both ideas have to get through Congress and unless they are buried in some type of omnibus bill I think legislators from unaffected regions will have different opinions.

I guess I'll have to go back and look :(
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