Answer:
Under Bonus Depreciation, which was part of the tax reform act under Trump’s administration, Taxpayers are allowed to claim 100 percent of property acquired and placed into service after September 27, 2017 and before January 1, 2023.
Under the Tax Cuts and Jobs Act, bonus depreciation increased from 50% to 100% fro qualified property acquired between September 27, 2017, and before January 1, 2023.
Taxpayers generally want to take as much depreciation expense as possible in the earliest possible years due to the time value of money.
The time value of money states that 1 dollar today is worth more than 1 dollar tomorrow, so 1 dollar saved today is worth more than 1 dollar saved tomorrow. That means that taxpayers will want to decrease their taxes as much as possible and as soon as possible.
This is ab example of a price floor. It is price that set by the government as a minimum price that would be imposed on a product. This value should be higher than that of the equilibrium price to be effective. It is used in order to prevent the prices to be too low.
<span>Coffee/ sugar cane / bananas
can grow on a small farm, lower startup costs and risks. Countries clear cut natural forests and wildlife to make room for these crops. without export, they cannot sustain the country.</span>
Hold you foot on the brakes, put key in Ignition twist key Clockwise until the Engine Starts, then just let the key go, and your car is up and running
