MB2
(member)
01/02/13 07:51 PM
Fiscal Cliff - NASCAR Style

What you didn't know was in that budget....

1) Help out NASCAR - Sec 312 extends the “seven year recovery period for motorsports entertainment complex property”, which is to say it allows anyone who builds a racetrack and associated facilities to get tax breaks on it. This one was projected to cost $43 million over two years.

Read more at http://www.nakedcapitalism.com/2013/01/e...BXEFQ0X2VloY.99



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