There has been nearly as much talk about Section 179 and Bonus Depreciation’s impact on farm equipment purchases as there has been about the Farm Bill itself. But are these tax breaks all they’re cracked up to be? What would happen if they went away?
Steven Fisher, analyst for UBS Global Equity Research, says in this piece from Dave Kanicki, Farm Equipment, that both Section 179 and Bonus Depreciation tax breaks are worth it to farmers buying new equipment. But deteremining which one is more important depends on how much a farmer buys.
Dave Kanicki, Farm Equipment, takes a deeper look into these issues here.
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