New Law Extends Investment Incentives for 2010
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In July, PIA representatives and Global Printing CEO Jon Budington testified before the U.S. House Small Business Committee and urged Congress to pass pro-growth legislation.
"Bonus depreciation is a winning proposition that our nation needs for economic recovery," said Budington. "By allowing Global to depreciate 50 percent of capital investments in the coming tax year, Congress reduces the up-front costs of those investments. As a result, bonus depreciation leaves Global with more cash resources for both investment and new jobs."
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