A stimulating proposal.One of the proposals under the economic stimulus packages being put forth in Congress is a provision for an immediate write-off of 50% for plant and equipment. Additional provisions would assist small businesses. Politics, however, is like sausage-making: Sometimes the end-product bears little resemblance Resemblance may refer to:
Being in the capital equipment business, we have a vested interest Vested Interest A financial or personal stake one entity has in an asset, security, or transaction. Notes: For example, if you have a mortgage, your bank has a vested interest on the sale of your house. See also: Right , but beyond this, the reality is that the level of investment in plant and equipment has been severely constrained con·strain tr.v. con·strained, con·strain·ing, con·strains 1. To compel by physical, moral, or circumstantial force; oblige: felt constrained to object. See Synonyms at force. 2. for years. Technology doesn't get easier to build, and we need the tools to do so. Competition overseas in many cases can depreciate depreciate v. in accounting, to reduce the value of an asset each year theoretically on the basis that the assets (such as equipment, vehicles or structures) will eventually become obsolete, worn out and of little value. (See: depreciation) new equipment and plant in 12 months. This is a significant financial advantage. This legislation helps level the playing field. Matthew Holzmann Christopher Associates Send your thoughts to Editor, CIRCUITS ASSEMBLY, email: mbuetow@upmediagroup.com. Letters must include the writer's name Noun 1. writer's name - the name that appears on the by-line to identify the author of a work author's name name - a language unit by which a person or thing is known; "his name really is George Washington"; "those are two names for the same thing" , address and company affiliation and may be edited for length and clarity. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion