At some point, accounting and the tax code have to recognize business reality. It could be an "investment" and taxed in a way that makes sense. The problem is

At some point, accounting and the tax code have to recognize business reality. It could be an "investment" and taxed in a way that makes sense. The problem is that "at some point" can drag for decades and do a lot of damage (ie transform the economy and not in a deliberate manner.)