New Tax Law Could Spur Swap Meet for Used Business Equipment


WSJ—The market for used equipment—including airplanes and industrial machines—is likely to heat up as firms take advantage of the new tax law’s 100% immediate deduction for such purchases.

Poll: Most small-business owners say they will not hire, give raises because of new tax law. The bottom line is this tax law doesn’t treat small businesses like the job creators they are. Small-business owners may get a nominal and temporary tax cut, but they clearly think it won’t be enough to invest in employees or grow their businesses.