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Most companies have to capitalize those expenses

Posted on: October 25, 2017 at 00:36:13 CT
SparkyStalcup MU
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and depreciate over the life of the asset. Oil and gas companies get to expense them immediately. This is clearly like a subsidy.

Oil and gas also get 6% domestic production activities deduction.
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MESSAGE THREAD

End the subsidies - JG MU - 10/24 17:14:01
     "Companies can deduct the cost of drilling wells... - JeffB MU - 10/24 17:49:51
          Most companies have to capitalize those expenses - SparkyStalcup MU - 10/25 00:36:13
          JG loves his big government.(nm) - TigerMatt MU - 10/24 22:57:11




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