Economic Stimulus Package — Time to Act: Now
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Erik Cagle
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Margolis isn’t sure that the benefits will make a huge difference in the overall scheme of business in the printing industry. But he has noticed a major push from people who want to circulate the information.
“Bonus depreciation is a big help not just for small companies, but also for bigger ones that buy a lot of equipment,” he says. “If the bonus depreciation could have been extended another year, it would have made a big difference. The 179 (code) has got a lot of limitations. Most printers who buy a press will spend more than the limitation allows. The average $5 million-a-year printer is spending at least $100,000 (on equipment), if not more.”
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Erik Cagle
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