Re: [DMCForum] President, and Economy
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Re: [DMCForum] President, and Economy
- From: DMCVIN6683 <dmcvin6683@xxxxxxxxx>
- Date: Mon, 15 Nov 2004 17:17:13 -0600
Are you guys going to start the new political forum soon?
I cant wait to not join it.
Mark V
On Monday, November 15, 2004, at 04:14 PM, Bob Brandys wrote:
>
> Greg.
>
> Section 179 of the tax code limits the amount of business expenses that
> can be directly written off in one year WITH OUT QUESTION.
>
>
> When I started in business in 1984 it was only 10,000 per year.
>
> Clinton raised it $15,000
>
> BUSHIE has raised it to $100,000 +
>
> Shit, I can write off anything now and get away with it.
>
>
> NEw car, gee we used to have to amortize it over 4 years. NOW A NEW
> ONE EVERY YEAR - TOTALLY DEDUCTABLE. NICE TAX BREAK.
>
>
> Actually, one would never write off a car in one year because, you want
> to be able to write of all kinds of the stuff and not be questioned.
>
> The car is still amoritizable over 4 years.
>
> Section 179 Great new tax break.
>
>
> JUST wish I made enough money to take advantage of it
>
> BOB
>
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> Yahoo! Groups Links
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