si49
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2017-10-02 18:38
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would let U.S. companies take bigger, faster deductions on capital investments, a step some experts said would deplete Washington’s policy arsenal by using up a tax break normally reserved for fighting recessions.
By putting a five-year “immediate expensing” provision in his plan, Trump handed a win to some businesses, especially capital-intensive ones such as oil drillers, that could gain from it through savings