[ToFundorNot]

Also, taxes. If we were able to fully expense capital plants and equipment, there wouldn't a single company paying taxes, they would continually purchase more to offset profit, eliminate taxation, and accelerate growth.

[scarface74]

Is that a bad thing?

[ToFundorNot]

As far as governments are concerned, yes, as they will never get tax revenues from companies if they are allowed to fully expense large purchases.