Bonus depreciation ``was truly a lifesaver for the industry'' in 2003

Edited by James E. Swickard May 01, 2004
Bonus depreciation ``was truly a lifesaver for the industry'' in 2003, said Cessna Chairman Russ Meyer. ``It works, it creates jobs, it's much more effective than the old Investment Tax Credit.'' (See ``Bonus Depreciation: Is Time Running Out?'' page 78.) Addressing a general aviation panel at the...

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