Quote:
Originally Posted by SallyRand
Seem that the haters can only find references to complete bullshit and links to the same sort of tax eductions which are avaiable to other kinds of businesses.
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Effective Tax Rates on Capital Income of C Corporations, by Asset Type
Petroleum and Natural-Gas Structures - 9.2%
As compared to things like:
Manufacturing Buildings - 32.2%
Commercial Buildings - 30.4%
Farm Tractors - 22.7%
Farm Structures - 20.8%
http://www.cbo.gov/ftpdocs/67xx/doc6792/10-18-Tax.pdf
So yeah.. If I had the time I could find more info for ya.