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View Diary: Over half of all U.S. tax subsidies go to four industries (40 comments)

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  •  Stock options is small potatoes (4+ / 0-)

    As you point out, the companies save $12.3 billion via stock options over the three year period. But their total savings was $222.7 billion in that time period. See my post

    I certainly favor stopping stock option abuses, but the real money is in accelerated depreciation and bonus  depreciation. The latter is similar to the Reagan-era "investment tax credit" which let companies expense rather than depreciate investments,  which meant that corporate tax expenditures exceeded tax revenue by 2 to 1 before the 1986 tax reform.

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