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Also, taxes. If we were able to fully expense capital plants and equipment, there wouldn't a single company paying taxes, they would continually purchase more t
by ToFundorNot 7y ago
Also, taxes. If we were able to fully expense capital plants and equipment, there wouldn't a single company paying taxes, they would continually purchase more to offset profit, eliminate taxation, and accelerate growth.
- scarface74 7y agoIs that a bad thing?
- ToFundorNot 7y agoAs far as governments are concerned, yes, as they will never get tax revenues from companies if they are allowed to fully expense large purchases.