Depreciation Reform and Capital Replacement

50 percent 87th Congress American Accounting Association AMERICAN ENTERPRISE INSTITUTE American industry automation Bills by Sens blast furnace Bulletin F Business capacity capital consumption capital equipment capital replacement chargeable hour charges for depreciation Class I Railroads classification yards countries deduction depreciable property depreciation allowances depreciation charges depreciation reform depreciation tax diesel dollar Economic effect efficient employment European Economic Community example expansion fact firm funds Hogan income tax increase installed instances Internal Revenue Service investment allowance Japan Labor machinery and equipment ment mill million tons modern equipment obsolescence obsolete equipment obsolete facilities operation original cost output period permit plant and equipment Policy postwar problem proposal railroad reduced result revaluation of assets Special Analysis steel industry tax credit tax incentive tax laws tax purposes textile tion U.S. Department United United Kingdom wage wear and tear West Germany World World War II write-off