To: ChuckShick
I don't know how they will structure this - if it will just apply to vehicles, but currently Section 179 depreciation applies to all equipment used in businesses. I had many clients who went out & purchased not only vehicles, but other equipment right before the year-end to get the break. This deduction stimulated growth in the economy by stimulating business equipment purchases.
To: gubamyster
"This deduction stimulated growth in the economy by stimulating business equipment purchases."
Exactly. Buying SUVs is good for the economy. Tell it to the auto workers.
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