To: Jorj X Mckie who wrote (18518 ) 3/8/2002 8:38:49 PM From: EepOpp Read Replies (1) | Respond to looks like tech companies will be getting a boost in the bill just passed. Also, it may well be that the stimulus/tax break/benefits package is a good indicator a la Time magazine front covers regarding bull/bear markets, i.e., they are always wrong on their timing.story.news.yahoo.com The biggest business provision is a 30 percent immediate depreciation tax break over the next three years, effectively providing a discount for new investments such as equipment purchases made after Sept. 10, 2001. Manufacturers and high-tech companies are prime beneficiaries of the provision, "We think this change will help motivate information technology customers to pull the wraps off their capital spending budgets," and ... "Every time we have tried to act on fiscal stimulus, we are too late," said Conrad, D-N.D. "Recovery is already ongoing."
