African Press International (API)

"Daily Online News Channel".

House backs extending business depreciation tax break

Posted by African Press International on July 14, 2014

WASHINGTON (Reuters) – The House of Representatives voted 258-160 on Friday to extend permanently a business tax break dealing with deductions for depreciating certain capital investments, a move that would cost U.S. taxpayers an estimated $287 billion over 10 years.  READ MORE…..

 

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