Tax guy here. Depreciation is Official Seattle Seahawks Player Signatures Christmas Tree Shirt a personal favorite of Trump and most big businessmen. His tax reform included a provision allowing for a 100% bonus depreciation. Meaning that a business can essentially write off or expense 100% of the cost of an asset in the year of purchase rather than depreciate it over time. Which is the whole concept of depreciation to take the tax benefit over the useful life of the asset. There were already several mechanisms in the tax code for accelerating depreciation before Trump’s plan section 179 depreciation and limited bonus depreciation.
Official Seattle Seahawks Player Signatures Christmas Tree Shirt, Tank Top, V-neck, Sweatshirt And Hoodie
I frankly don’t really care Official Seattle Seahawks Player Signatures Christmas Tree Shirts about Trump’s business acumen. Big businesses can run consistent losses by expanding rapidly. And expensing costs upfront see Amazon’s $0 in tax paid for 2018. Even in the 80s and 90s as his brand was expanding. Trump was not building enough to be writing off billions due to depreciation alone. His interest expense was high, meaning much of his operating cash was likely coming from loans and not actual operating income. I’m sorry but that is a lot of text to just bull away from his income tax. You don’t need to see 1040, the data is here in the article, you don’t need to pretend it’s ok.
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Willie g (verified owner) –
needed some new fan gear to support our new football team, getting ready for football season!
Debbie R (verified owner) –
Runs large. Nice quality. Nice shirt.
JD (verified owner) –
Shirt was perfect. Size was good as well as price. Fast shipping from seller.
Joshua (verified owner) –
Nice looking shirt…. now if we could just get a winning season ????
cfalk (verified owner) –
Bought this as a gift for my husband. He loved it! Fits perfectly!
Ottoboose (verified owner) –
Comfortable shirt.
Vonda Wilson (verified owner) –
Great birthday gift
David Customer (verified owner) –
Good material held up well when washed
Brad Fowler (verified owner) –
It fits ver well… this isn’t an athletic fit..so if you are looking for that this isn’t the shirt for you.
P. Shenton (verified owner) –
I got this as a gift for my nephew. He is in high school and looks great in it. The cut is really nice. He loves it.
MarisolG (verified owner) –
I purchased the Seahawks shirt for my nephew and he loved it! Quality of the shirt was great. Definitely worth the money.
Ronald Ptak (verified owner) –
Grandson loved it, his favorite team. Great Christmas gift.
Peggy J. Lawther (verified owner) –
Good quality.
Kindle Customer (verified owner) –
Watched the Superbowl in it
bambi (verified owner) –
Arrived with hole from where price tag inserted, had to return but loved it.