In my experience most Premium Jesus Set Free Ministries Shirt a single room, which would most likely be 5-15% of your usage anyway. So they “in theory” do this forever (buying and accelerated depreciation) but the thing is they’re still spending the money. That’s why this type of thing is encouraged generally, it allows for companies to spend money, buy capital (or build buildings. Create jobs for the people who they buy from, and the company gets the benefit. Right now instead of 1/40th the benefit for the next 40 years. The reason it is encouraged is because the government still gets its pound of flesh and most probably grows its other tax bases in the area where the money is being spent. A huge boon to forward sustained economic growth, and we already tax profits when disbursed.
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It is akin to Premium Jesus Set Free. Ministries Shirt . You buy a new tractor, that tractor supply guy needs to buy more stock, hire a new employee. That new tractor should increase your companies efficiency making you more profitable next year and into the future for the government to get even more tax out of you all along the way. The old tractor you sell can boost a smaller companies profitability. The government still gets the same in tax money, just from all these trickle down sources. Of the money being spent, and the economy grows because of it. Win, win. And imagine how much simpler this would all be if we just eliminated the corporate income tax altogether. All the perverse incentives removed, no more tax venue shopping. Tax accountants might not like it tho…
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