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That's a big claim. Section 179 only applies if you have a business. Your average suburban neighborhood is filled with light duty trucks owned by regular peop
by rootusrootus 4y ago
That's a big claim. Section 179 only applies if you have a business. Your average suburban neighborhood is filled with light duty trucks owned by regular people.
- ceejayoz 4y agoThere are 30+ million small businesses in the USA, and they tend to be concentrated in the wealthier sort that a) live in suburbs and b) drive very expensive vehicles.
- rootusrootus 4y agoSo your claim is that every single small business is buying a light duty truck every three years? I'd wager a good number of those small businesses don't make enough to take much of a deduction in any case.
- ceejayoz 4y agoNo; the claim is that trucks are popular in part due to a tax loophole. It's a distorted market.