I looked at that image (copy of a PDF?).

I didn't see any details of a change; 179 deduction qualifications or limits -- changes in amortization rates or anything substantive being proposed.

Maybe, the details are to be worked out later? (Read: More campaign promises).

If there are some sort of tax credits given for purchases of capital equipment, real property, or more importantly -- software for the management of critical infrastructure it might create jobs here.

The reason I say software for the management of critical infrastructure is that for reasons of security that would be done in the USA. Real property would have to located in the USA to have its amortization accelerated or be subject to some ITC.

What should be proposed is the write down of real property to current value amounts for amortization to reflect the value lost in the collapse of real property values of the recently past years.

Real properties (real estate) values have been reduced 25%, or in some cases a lot more, and this has to do with a lot of the forces behind this bad economy. Trillions of dollars of paper wealth were lost that now cannot be pledged for borrowing. A consumer consumption driven economic recovery, at any rapid rate, is unlikely.

Really, the above is not a tax cut but a business subsidy -- call it what is is but make sure that it is structured to benefit the worker-consumer as his renewed buying will create new demand and increase both business and consumer equity interests.