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Originally Posted by Frank Lee
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OK, so it was a depreciation tax write-off for small businesses. Every government administration has its pet projects. In politics, no matter which party is in power, that comes with the territory. It's business as usual.
In post #1 the OP said:
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I went to the dentist once and the dental assistant was driving such a truck. Chrome dual shocks, jacked up a mile high. Not a spec of dirt.
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I don't think that the dental assistant qualified for a tax write-off. At that time some people thought big vehicles were cool and they bought them on a whim. People can and do throw their money away on all sorts of wasteful frivolities. Let 'em. I just wish we wouldn't subsidize fools after they've pissed all their assets away.