Quote:
Originally Posted by spdrun
Whoop dee f**kin' doo - seven year depreciation on an asset that typically lasts 20-25 years. You don't hear of many jets being scrapped before their 10th birthday.
5 or 7 year depreciation on a jet is as much legal fiction as 27.5 year depreciation to zero on rental property.
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Do you call this many jobs created by business/private airplanes trickle down?