TITLE

CONSTRUCTION COALITION BACKS TAX INCENTIVE

PUB. DATE
December 2009
SOURCE
Rock Products;Dec2009, Vol. 112 Issue 12, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that a coalition of construction national organizations have asked U.S. President Barack Obama and Congress to extend business purchasing tax incentives programmed to expire at the end of 2009. The coalition, which included the National Stone, Sand & Gravel Assocation, explain that the incentives have not had the chance to fully achieve their intended effect. Businesses may write off 50% of new equipment purchases while qualified small businesses may expense up to 250,000 U.S. dollars under the American Recovery and Reinvestment Act.
ACCESSION #
47407754

 

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