Huh? The depreciation of assets is a rich-unfriendly feature of the tax code. It explicitly prevents the rich (those buying big assets) from writing of the exp

Huh? The depreciation of assets is a rich-unfriendly feature of the tax code. It explicitly prevents the rich (those buying big assets) from writing of the expense in a single tax year and therefore reducing their profit and so their tax. Unlike, say salary expenses, it forces them to defer most of the expense to future years, earning the tax collector more money earlier. So if you don't depreciation, are you arguing for no expensing of capital assets, ever? (Which makes no sense). Perhaps could you be precise how some mythical non-elite person would write this aspect of the tax code?