would let U.S. companies take bigger, faster deductions on capital investments, a step some experts said would deplete Washington’s policy arsenal by using up a tax break normally reserved for fighting recessions.

in in •  7 years ago 

By putting a five-year “immediate expensing” provision in his plan, Trump handed a win to some businesses, especially capital-intensive ones such as oil drillers, that could gain from it through savings on new plant and equipment purchases.

“These changes are something I would 100 percent support ... It would be a huge positive,” said Paul Mosvold, president of privately held Scandrill Inc, which drills oil wells for Anadarko Petroleum Corp and others.

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nice

nice post

Thanks all my dear