Which provision could best be justified as a means of controlling the economy?
A) Write-off of research and development expenditures.
B) Accelerated depreciation method for depreciable capital expenditures.
C) Amortization of pollution control facilities.
D) The rehabilitation tax credit.
E) None of the above.

Question

Quizplus · Accepted Answer

The accelerated depreciation method for depreciable capital expenditures allows businesses to deduct more of the cost of a capital asset in the earlier years of its useful life which can incentivize investment and spending. This can stimulate economic growth and job creation.

Which Provision Could Best Be Justified as a Means of Controlling