Quote Originally Posted by Vteckidd View Post
it allows them IIRC to claim the depreciation up front, unlike a normal asset, it takes time to depreciate.
It speeds up the depreciation. I believe it goes from 7 to 5 years.


Quote Originally Posted by Vteckidd View Post
My point is, in the scheme of things, its something to give up because its a very small piece of the economic puzzle. Close the deductions on jets, but give me a lower base income tax rate, or something.
I have no issue with changing back to the normal depreciation schedule. My problem with the way the idiot in the whore house portraying it. The total amount the govt brings on from these planes doesn't change. Even with the old rules the govt only brings in about 200m a year for the next 5 years. After that they don't get anything more.



Sent from my DROIDX using Tapatalk