[Blood of Tyrants]

Well, it also allows 100% deduction on labor, which is usually a large portion of capital investments. Normally, when you take a $5 million deduction (a deduction off your gross), you only get 36% (or whatever your tax rate is) off your taxes.

I think that this is different as it allows you to take ALL of the capital costs off your taxes.

[KarlInOhio]

I couldn't tell from the story which were tax credits and which were tax deductions. I wouldn't put it past Obama and gang to count postponing when taxes are paid as a "tax cut" to brag about how they are helping businesses.