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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (259)1/11/2011 11:59:11 AM
From: Giordano Bruno  Read Replies (1) | Respond to of 119362
 
Sales of some big-ticket goods could see a modest boost from a new, 100% tax write-off for capital expenditures in effect for the next two years. The hope is the tax break, which took effect Jan. 1, will spur business investment and lead to more hiring.

"It clearly will promote capital spending in 2011," said Novellus Systems Inc. Chief Executive Richard Hill. He expects the deduction will accelerate the purchase of new business PCs, indirectly benefiting the sale of its chip-making equipment. "PCs will remain very strong [in 2011]," he said.

online.wsj.com

Might we interest you in a new company car for free?
Never mind the food stamp crowd you're covered sir.