Better hope for some changes.

[RETOKSQUID]

Agreed, the morons in Congress do not speak logic, they only know what's in it for me.

 

[Buddhaman]

This will hurt smaller businesses more than it will larger corporations. There are companies that take a shot in the dark on $500k expenses and this will only impact them if they supply smaller companies who rely on this break to buy equipment. In the end we will be heavily relying on foreign work to produce due to a limited growth of domestic capability. People will be divided even more and they will again push us into an us vs them mentality on people who have jobs or make more than others.

 

[uncle money bags]

Waiting patiently for the inevitable wailing about this being corporate welfare.
C'mon, i know you are out there.

 

[Shadowrider]

IRS business deductions are called "loopholes" or in the case of Big Oil they call them "subsidies". Friggin retards.

 

[SoonerP226]

This will hurt smaller businesses more than it will larger corporations.

I guess it depends on your definition of small business. In agriculture, $25K won't buy you a pot to piss in, let alone a new tractor--and in some cases, it wouldn't even make the down payment on a used tractor. Cat probably has enough overseas demand for their product that they'll be OK, but Deere, CNH, et al, could take big hits.

Q: What's the best way to make a small fortune in agriculture?
A: Start with a big one.

 

[n8thegr8]

IRS business deductions are called "loopholes" or in the case of Big Oil they call them "subsidies". Friggin retards.

just like the "gun show loophole", any freedom/liberty/dollar overlooked by lawmakers and yet to be pilfered is considered a "loophole"

 

[Kid Glock]

Bunch of friggin idiots at the helm of this country. ]

yep...

 

[JCW355]

More BS

 

[SMS]

1116 days until pres obama is replaced.

...and Congress will still be there. Yipee.

The death spiral continues.

 

[farmerbyron]

i guess it depends on your definition of small business. In agriculture, $25k won't buy you a pot to piss in, let alone a new tractor--and in some cases, it wouldn't even make the down payment on a used tractor. Cat probably has enough overseas demand for their product that they'll be ok, but deere, cnh, et al, could take big hits.

Q: What's the best way to lose a small fortune in agriculture?
A: Start with a big one.

fify.