Buried in in the Bush Tax Plan is a Huge Change

Reader comment on: Jeb Bush Tax Plan

Submitted by Lyle (United States), Sep 15, 2015 09:43

According to reports the Bush tax plan provides that in exchange for immediate expensing of capital expenditures, that interest would no longer be a deductable item. This would greatly change business, and make many current business models such as LBOs in particular no longer viable. This is an item from the Herman Cain plan of 2012.

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