The Case for Temporary 100 Percent Expensing: Encouraging Business to Expand Now by Lowering the Cost of Investment
“On October 29, 2010, The Department of Treasury’s Office of Tax Policy released a new report, The Case for Temporary 100 Percent Expensing: Encouraging Business to Expand Now by Lowering the Cost of Investment. The report finds that allowing businesses to deduct 100 percent of their investments now could support $50 billion in new investment. …