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1) What is the rationale for depreciating assets used in business? Do you agree with it? 2)Does the rationale have any implications on capital formation
1) What is the rationale for depreciating assets used in business? Do you agree with it? 2)Does the rationale have any implications on capital formation that is, investments by big businesses? 3)Does it favor one group of taxpayers versus another? 4)Are there any economic, social, revenue, or political implications? Paragraph for each
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