View Single Post
  #19  
Old 03-20-2013, 10:33 PM
MTI's Avatar
MTI MTI is offline
Registered User
 
Join Date: Nov 2002
Location: Scottsdale, Arizona
Posts: 10,626
Quote:
Originally Posted by MTUpower View Post
I think sdrun and Tom missed the point of the thread.


Planes for "business"- which appear to most as a rich mans toy- are a whole industry. If they are rich mans toy or a tool for business- and if they are needing a tax break or not is not the purpose of the posting of this article. The reason is the question I posted it under- if these "rich man toys" are not trickle down- then what do you call the industry the rich man toy's created?
When all "industries" and their consumers pay the actual cost of their production and consumption, then there may be reason to argue that government should but out. Depreciation for the purposes of taxes are artificial constructs by lawmakers. Why can't all consumers depreciate their hardware, hard goods and equipment?
Reply With Quote