Economic Stimulus Package Provides Huge Investment Incentives
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Earlier in the decade similar incentives proved very effective for stimulating capital invest-ment, and are measures that are strongly supported by NPES, not only as a short term economic stimulus, but also as permanent tax policy that recognizes the true cost of capital. According to Ulrik Nygaard, President and CEO, Baumfolder Corporation and Chairman of the NPES Government Affairs Committee, “bonus depreciation and the increase of the expensing allowance for investment in capital goods have been a key stimulus for equipment sales for our company and many other Association members.”
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- Ralph J. Nappi
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