Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Full immediate expensing would lure U.S. firms back from China: Trump adviser Kudlow

Published 04/09/2020, 03:20 PM
Updated 04/09/2020, 03:25 PM
© Reuters. Larry Kudlow participates in coronavirus economic "relief update" virtual event at the White House in Washington

WASHINGTON (Reuters) - White House economic adviser Larry Kudlow on Thursday said one policy that could lure U.S. companies to move back to the United States from China would be 100 percent immediate expensing across the board.

"As far as policies to get the companies home, a lot of things we can do," Kudlow told Fox Business News. "I would say 100 percent immediate expensing across the board. Plant, equipment, intellectual property structures, renovations. In other words, if we had 100 percent immediate expensing we would literary pay the moving costs of American companies from China back to the U.S."

Latest comments

never happen sir.Period.
Great idea gorilla suit , pay the worst Americans to come back and setup shop here. Give them a blank check and watch the already wide income gap become even wider.
We already have that for the most part. Up to $1M for sec 179, 100% bonus depreciation and more. This will only help Trump really. Developers who build multi-million dollar properties who, ic allowed to write them off upon completion could arrange to create multi million dollar loss carry forwards for the rest of their lives. If truly set up correctly for generations to come. Trump must think the American public to be nothing but simpletons.
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.