Thune: The Working Families Tax Cuts Delivered Major Wins for the American People
furniture store in Sioux Falls, South Dakota, called bonus depreciation, and I quote, ‘a huge, huge deal
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39 results for “bonus” · South Dakota · press release
furniture store in Sioux Falls, South Dakota, called bonus depreciation, and I quote, ‘a huge, huge deal
further break on their taxes. “Instituted a new bonus deduction for seniors. “And more. “All of these measures
further break on their taxes. “Instituted a new bonus deduction for seniors. “And more. “All of these measures
their employees. “Investment incentives like 100 percent bonus depreciation and immediate research and development expensing help them upgrade
their employees. “Investment incentives like 100 percent bonus depreciation and immediate research and development expensing help them upgrade
their employees. “Another is 100 percent bonus depreciation, which is also now a permanent feature … code. “Bonus depreciation allows business owners to deduct the full cost of a new piece of equipment
more than 30 million seniors claimed the new bonus deduction for older Americans. “More than a million taxpayers
million seniors claimed a new $6,000 bonus deduction for older Americans. “Over a million people bought … Working Families Tax Cuts made 100 percent bonus depreciation permanent too, which allows businesses and farmers and ranchers
million seniors claimed a new $6,000 bonus deduction for older Americans. “Over a million people bought … Working Families Tax Cuts made 100 percent bonus depreciation permanent too, which allows businesses and farmers and ranchers
growth provisions like bonus depreciation, research and development expensing, and the 199A small business deduction are now permanent … dealerships around South Dakota, said that 100 percent bonus depreciation enabled them to build a large addition
this country. “We instituted a new $6,000 bonus deduction for lower- and middle-income seniors. “We implemented
relief for older Americans – a $6,000 bonus deduction for low- and middle-income seniors. “Seniors will
further. “On top of that, we created a bonus deduction for seniors – an additional $6,000 deduction
capital investments in this country – whether that’s bonus depreciation, interest deductibility, R&D, expensing the 199A deduction
seniors will be able to take a new bonus deduction on top of that. “The child tax credit
will never go down. “We added a new bonus deduction for seniors. “No tax on tips and overtime
increase in the child tax credit, a new bonus deduction for seniors, no tax on tips
enormously stimulative to the economy. You look at … bonus depreciation, interest deductibility … R&D expensing, those
credit, a bigger standard deduction, and a bonus deduction for seniors this tax season. “They’ll see larger
clean, three-year extension of the Biden COVID bonuses. “And when I say ‘clean,’ all I mean … remove any income cap on the Biden COVID bonuses has Americans making as much as half a million
their three-year extension of the Biden COVID bonuses. “Now, the Democrat leader came down here yesterday … here when the enhanced subsidies, the Biden COVID bonuses passed by the Democrats, not a single Republican vote
Democrat proposal to deal with the Biden COVID bonuses. “And this is a vote, as you all know … anything to reform these Biden COVID bonuses in a way that would get rid of the waste, fraud
side to create those incentives for business … the bonus depreciation, interest deductibility, R&D expensing, 199A for small
income. “And we added a new $6,000 bonus deduction for seniors, allowing Americans on Social Security
referred to these so-called Biden COVID bonuses, which were the enhancements that the Democrats now want … responsive to the pandemic. “They were COVID bonuses, only supposed to be temporary. “And then in 2022 they