In article , "Tony" wrote:
A capital asset , even real estate that can appreciates in value, is
depreciated on the books for tax purposes. Therefore the corporation is
getting the tax write off each year until the asset is fully depreciated.
When the asset is sold off in the future, capital gains is owed on the final
value.

*If* that final value exceeds the depreciated value at the time of the sale.

Or did you think that business assets are never disposed of until they're
fully depreciated?


Now that the accounting lesson is over, perhaps you can explain how capital
gains tax increases the cost for Starrett to manufacture its products???? Or
are you just parroting Rush Limbaugh and Sean Hannity???

*Any* tax is obviously an additional cost of doing business. Sorry you're
having such a hard time figuring that out.

--
Regards,
Doug Miller (alphageek at milmac dot com)

It's time to throw all their damned tea in the harbor again.