Of course! Where would we be without that Capital Gains write off or the one for your new yacht (business purposes don't ya' know) and even that childcare credit come April 15th each year? Corporate tax breaks, deductions for solar panel and other energy efficient installations, the list goes on and on..........all tax "incentives" to encourage money flow, business growth and spending...right?
In fact America loves it's tax breaks, especially the very rich who are able to benefit from the majority. It's gone even so far as rewardinglarge corporations with tax breaks to even do business in the U.S. As an example, Starbucks receives a tax break for roasting their coffee beans here. Seriously? Wait a minute. That's part of "manufacturing", isn't it? We may as well give U.S. Steel a break for having it's own smelter (please don't suggest that one - they'll probably lobby for it!)
Well that what they basically consider an "expenditure" the same as when the government issues a "
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