As lawmakers consider comprehensive tax reform, Congress
must protect provisions that encourage capital investment and economic activity,
such as like-kind exchanges (LKEs).
LKEs help equipment distributors and those from a variety of industries, including agriculture, transportation, energy, and manufacturing to manage the tax consequences of buying and selling capital assets.
Such exchanges allow... Take Action >>
The 50 percent depreciation bonus and increased small business expensing levels expired at the end of 2013. Congress should reinstate 50 percent depreciation bonus and permanently increase Sec. 179 levels to create a climate that encourages capital investments These historic capital investment incentives, which enjoy bipartisan support, have... Take Action >>
The plight of the nation's water infrastructure network grows worse every day. The American Society of Civil Engineers gave the nation's drinking water and wastewater infrastructure a “D-“, the lowest grade of any infrastructure category. The time is long overdue for substantial investment in water infrastructure... Take Action >>
The Highway Trust Fund (HTF) faces an unprecedented crisis. Current estimates indicate by mid-summer 2014 the HTF will be unable to support any new highway infrastructure investment. The long-term situation is equally bleak, according to the Congressional Budget Office (CBO), by FY 2015 the HTF will... Take Action >>
The United States is in the midst of the greatest energy boom in generations. Hydraulic fracturing, or fracking, has put the country on the path to energy independence while creating thousands of jobs and billions of dollars in economic growth.
Despite fracking's benefits and the proven safety of shale... Take Action >>
The estate tax continues to plague capital intensive, family-owned businesses, such as equipment distributors. While family businesses now have certainty with the current top estate rate set at 40 percent with a $5 million exemption (indexed each year for inflation), they are still forced to divert substantial funds to estate... Take Action >>
Keystone XL pipeline has been pending for more than five years and the time is
long overdue for its final approval. Despite determinations that the pipeline
will have minimal impact on the environment and no substantial effect on
greenhouse gases, the administration has delayed its approval.
The project has significant economic... Take Action >>
LIFO (“last in, first out”) is an inventory accounting method that has been used by companies in a range of inventory-intensive industries since the 1930’s to manage inflation’s impact. LIFO takes into account the greater costs of replacing inventory, providing a more accurate measure of the financial condition of the... Take Action >>