- #71
edward
- 62
- 166
It is definitely more complicated. My small hometown gave a company incredible incentives to a company that opened a metal recycling facility just on the edge of town. They have a shredder/separator like the one in the video. The company ended up only hiring 17 local people.
The companies also get some great tax breaks from the government. Which translates into more jobs for tax attorneys.
1.RISE provides a purchaser of "qualified reuse and recycling property," (which is just a fancy term for eligible recycling machinery or equipment) with the option to depreciate 50% of the cost of that machinery or equipment in the first year.
http://www.isri.org/policy-regulations/tax#.Vi1Xzv-FOpo
The companies also get some great tax breaks from the government. Which translates into more jobs for tax attorneys.
1.RISE provides a purchaser of "qualified reuse and recycling property," (which is just a fancy term for eligible recycling machinery or equipment) with the option to depreciate 50% of the cost of that machinery or equipment in the first year.
http://www.isri.org/policy-regulations/tax#.Vi1Xzv-FOpo
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