NAM supports extended bonus depreciation.
Press Release Summary:
September 21, 2010 - Dorothy Coleman, NAM Vice President of Tax and Domestic Economic Policy, issued statement supporting extended bonus depreciation and enhanced expensing in Small Business Jobs and Credit Act of 2010, which passed Senate by vote of 61-38. According to Coleman, these critical tax incentives will stimulate business investments in machinery and equipment and enable manufacturers of all sizes to contribute to economic recovery and job growth.
Original Press Release
Senate Action on Bonus Depreciation, Expensing A Step in Right Direction
Press release date: September 16, 2010