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Strategies & Market Trends : John Pitera's Market Laboratory

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The Ox
To: richardred who wrote (19440)12/19/2017 1:53:28 PM
From: richardred1 Recommendation   of 33421
 
Finally I heard someone speak about Accelerated Depreciation ( Cramer on CNBC today) in the tax bill being good for economic growth. Infrastructure & Depreciation. They kinda have been a pet projects of mine in investing.

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Even if there were no energy crisis, Congress would still be justified in immediately enacting first-year expensing. In fact, many economists believe expensing is the cheapest, most bang-for-the-buck, most growth-oriented tax reform Congress could make. Replacing old-fashioned tax depreciation with immediate first-year expensing would add more than $200 billion dollars to GDP and deliver upwards of 750,000 new jobs.

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P.S. They say an elephant never forgets

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