Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (3331)	2/20/2004 3:30:08 PM
From: tonto	Respond to of 81568

If they are treated as costs, everything would be deductible in one year and would be a dream come true for profitable companies. That would take care of taxes..... If the company simply cannot depreciate the building over the life, it would cause taxes to increase and therefore be a detriment to the company, and the company would have to decide if it is best to stay in the US and pay wages that are many times higher here and take the depreciation...or move abroad and save wages and fear of too much litigation. I also suspect that companies would lend money to a foreign corporation to get around this. There are holes in the idea, and I fundamentally am against it, but I do think that the concept when worked on for some time could become a deterrent. Interesting thought.