Deductions are not 100% money-in-the-pocket. It depends on your tax bracket.
100% amortized for a person in a 28% tax bracket means only that you have recouped $280 on the $1,000 you have spent, so you are still out of pocket by $720. Work out the math. Maris ----- Original Message ----- From: <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, November 22, 2001 4:53 PM Subject: Re: Depreciation of assets | In a message dated 11/22/01 3:19:24 PM Eastern Standard Time, | [EMAIL PROTECTED] writes: | | | > The entire depreciation arguement is a straw man. | > | | By what you said in your post Robb, you seem not to have grasped the finer | points of business depreciation of capital equipment. | Or you're exaggerating. | When any business gets 100% amortized deductions for equipment purchases or | the cost of doing business, the equipment does not "cost" you or your | business one thin dime, not even for the maintenance of said equipment. | | Mafud | [EMAIL PROTECTED] | [EMAIL PROTECTED] | - | This message is from the Pentax-Discuss Mail List. To unsubscribe, | go to http://www.pdml.net and follow the directions. Don't forget to | visit the Pentax Users' Gallery at http://pug.komkon.org . | | - This message is from the Pentax-Discuss Mail List. To unsubscribe, go to http://www.pdml.net and follow the directions. Don't forget to visit the Pentax Users' Gallery at http://pug.komkon.org .
