re: #461 BryanS

No, not entirely. I think we’ve had this debate before. Capital equipment is only deductible up to $150k. That might work for some businesses, but any capital intensive business is only allowed to recognize a portion of their cap ex each year through depreciation. Spend $500k now on 10 year property, only get to recognize $50k each year for your tax return over the next of each subsequent year.

Which seems about right to me!

OBVIOUSLY IT’S NOT “ENTIRELY”, DUDE. Sheesh. :P