Inside these posts: Business tax writeoffs

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.


Business likes Obama plan plus Bush tax cuts

The business community likes President Barack Obama’s proposal to accelerate tax writeoffs for companies buying equipment and other big-ticket items. But it is clamoring for more — extension of all of the soon-expiring Bush-era tax cuts.

Obama will tout the write-offs Wednesday when he unveils a $180-billion stimulus package. But he isn’t likely to back down on his stand on continuing the marginal tax rate cuts only for households and businesses earning less than $250,000, analysts said.