Tax guy here. Depreciation Nice And I Think To Myself What A Wonderful World Earth Red Plaid Shirt is a personal favorite of Trump and most big businessmen. His tax reform included a provision allowing for a 100% bonus depreciation. Meaning that a business can essentially write off or expense 100% of the cost of an asset in the year of purchase rather than depreciate it over time. Which is the whole concept of depreciation to take the tax benefit over the useful life of the asset. There were already several mechanisms in the tax code for accelerating depreciation before Trump’s plan section 179 depreciation and limited bonus depreciation.
Nice And I Think To Myself What A Wonderful World Earth Red Plaid Shirt, Tank Top, V-neck, Sweatshirt And Hoodie
I frankly don’t really care about Trump’s business acumen. Big businesses can run consistent losses by expanding rapidly. And expensing costs upfront see Amazon’s $0 in tax paid for 2018. Even in the 80s and 90s as his Nice And I Think To Myself What A Wonderful World Earth Red Plaid Shirts brand was expanding. Trump was not building enough to be writing off billions due to depreciation alone. His interest expense was high, meaning much of his operating cash was likely coming from loans and not actual operating income. I’m sorry but that is a lot of text to just bull away from his income tax. You don’t need to see 1040, the data is here in the article, you don’t need to pretend it’s ok.
Other Product: Happy Yes I Am Old But I Saw Phil Collins On Stage Shirt
Jennifer S (verified owner) –
Seems like good quality and thick.
Joan B. (verified owner) –
Got as a gift, and it was well received! Looks nice, can’t say about the fit but the giftee seemed happy!
LWhite (verified owner) –
Great shirt! My husband loved this gift for his 40th birthday. It looks exactly like the picture and the T shirt is a good material. Great buy!
Rick H (verified owner) –
Great shirt. Looks very cool. We like the distressed look. Gave 4 stars instead of 5 because the first shirt I received was 1976 not 1977 a mis-pick. But Amazon’s great customer service took care of it quickly.
Jk (verified owner) –
Perfect fit and love the look. We gave it as a bday gift.
Faisal Khalid (verified owner) –
I gave myself the Vintage Aged To Perfection 1977 – Distressed Print – 40th Birthday Gift T-shirt as a gift for my 40th birthday. I ordered it in large and dark heather. Overall very good quality and service. Strongly recommended.
E (verified owner) –
Very fun shirt! It arrived on time and was perfect for a birthday present. Good quality and fit!
AmyP (verified owner) –
My husband loved this shirt! He liked it so much it’s in his regular t-shirt rotation!
Catalina Corona (verified owner) –
Bought for my husband Birthday party he loved it
MamaBear0209 (verified owner) –
Nice quality, sturdy fabric. Screen printing is nice quality, too.
Michael L. (verified owner) –
Jersey was good quality but too small
Amazon Customer (verified owner) –
Perfect fit
Angie Rivera (verified owner) –
Great shirt! Super cute for a 40th birthday!! My boyfriend loved, he put it on immediately 😊