The essence of the Senator's amendment is there would be accelerated depreciation of 30 percent for 3 years in contrast to Senator Daschle's amendment, which is 30 percent for a timeframe between September of 2001 and 2002.
Discussing amendments related to accelerated depreciation during Senate debate.
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More from Don Nickles
I have absolutely loved working in the Senate. The Senate is a great institution. It is one of the true pillars of democracy in the world, one which people look to with great respect and admiration. I have always been proud to be called a…
I do not defend 199, period. I think Congress--when you are rewriting the tax code, you should have a uniform corporate rate, not a lower rate for manufacturing.
You would give such a tax advantage to Total, BP, Lukoil, other international oil companies.
I have a couple comments. Again, I compliment my colleagues, Senator Kennedy and Senator DeWine. They have been steadfast in their advocacy. Senator DeWine is right, he and Senator Kennedy introduced this a long time ago. If I am correct…
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