Quote:
Originally Posted by Precious_b
than one wonders why #HeWhoShallBeNamed raised such hell by breaking his promise to post such.
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Because too many idiots don’t have clue there are two sets of books for business. One is the tax figures that are used to reduce tax exposure. Depreciation rates allowed by IRS plus capital gains and losses.
Then there is the actual books that business use to make decisions such as actual useful life of equipment and depreciation.
Reporters don’t have a clue, and political pundents will take data out of context