Economic Stimulus Package Provides Huge Investment Incentives
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EXAMPLE #2 – Laser Digital Converting System (die-cutter)
(Total equipment purchases in 2008 do not exceed $800,000)
Example Price - Without Tax Cut: $400,000
New Small Business Expensing Provision = $250,000/year (up to $800,000 of investment)
Plus New 50% Bonus First-year Depreciation = $75,000
Plus Regular Depreciation = $10,500 Total First-Year Depreciation = $335,500 (84% of new asset)
Tax Savings = $135,000 (assuming 40% effective tax rate)
New Effective Price – With Tax Cut = $265,000 – a 66% Savings!
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