The Federal Tax Credits Blog

Obama To Call For Extension Of Bonus Depreciation Through ‘10 Official

WASHINGTON -(Dow Jones)- U.S. President Barack Obama will call for temporary bonus depreciation, a $38 billion tax cut that would let businesses more quickly recover their capital expenditure costs, to be extended through 2010.

Part 3 of 10 – Third and Final Presidential Debate – John McCain and Barack Obama, October 15, 2008

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