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Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S
Depletion; similar to amortization and depreciation, same principle.
Capital assets are not taxed at the federal level. They are taxed by many states and local governments. The federal tax breaks recognize that fact. Its an incentive to improve homes and businesses. It occurs at all levels, from local homeowners to multimillion dollar factories.
Depletion; similar to amortization and depreciation, same principle.
Capital assets are not taxed at the federal level. They are taxed by many states and local governments. The federal tax breaks recognize that fact. Its an incentive to improve homes and businesses. It occurs at all levels, from local homeowners to multimillion dollar factories.