The Tax Cuts and Jobs Act of 2017 increased bonus depreciation of qualified property to 100% for years 2017-2022. After 2022, the bonus depreciation percentage will decrease by 20% per year, i.e., 80% in 2023, 60% in 2024, and so on. All else equal (i.e., ignore inflation etc), what will happen to the prices of qualified property after 2022?

Answer rating: 100% (QA)

After 2022 as the bonus depreciation percentage decreases by 20 per year the tax benefits associat... View the full answer