And when you raise those taxes, you gotta accept you will flatten out wage growth over the coming decade. But this is one of our biggest frustrations right now because This has been phasing down 20% each year for five years. Okay, what's depreciation? You bought that piece of equipment. The government gets what, in tax receipts? If you depreciate it over seven years, five years, you get to depreciate it off your taxes. (10:57–11:01)
CLAIM
Asserts that bonus depreciation has been decreasing by 20% annually for five years.
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