section 179 is not specific to farmers... subsidy and being allowed to depreciate equipment faster are 2 completely different things. I've never taken a subsidy, EVER. You can check EWG website to see that. However, if I buy a piece of equipment because I have a windfall year, I'd like the option of being able to take that piece off my taxes in the year I bought it, instead of dragging it out over many years, to the point it is no longer in service, yet still being depreciated. There are some things the IRS should have NO control over. They already have too much control as it is. It's akin to a schoolyard bully shaking my pockets out every day, to make sure I remember who is the boss. Anyone who agrees with these policies is also a bully.
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Today's Featured Article - Harry Ferguson - The Man & The Machine Harry Ferguson was christened Henry George but every one called him Harry. Harry was born in a small Irish town called Growell in County Down about 16 miles from Belfast. Harry Ferguson led a varied and colorful childhood causing mischief where ever he could. He showed mechanical aptitude at a very early stage in life and showed no inclination towards
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