From the time that the “bailout” was originally proposed to the time it was actually ratified, a lot of non-bailout items were added to pork-it-up. Here are some of them:
“Sec. 503. Exemption from excise tax for certain wooden arrows designed for use by children.”
“Sec. 317. Seven-year cost recovery period for motorsports racing track facility.”
“Sec. 309. Extension of economic development credit for American Samoa.”
“Sec. 315. Accelerated depreciation for business property on Indian reservations.” (Nice one for the casinos)
“Sec. 322. Tax incentives for investment in the District of Columbia.”
“Sec. 325. Extension and modification of duty suspension on wool products; wool research fund; wool duty refunds.”
“SEC. 211. TRANSPORTATION FRINGE BENEFIT TO BICYCLE COMMUTERS.” A tax break for companies that provide bicycles for employee commutes.
“Sec. 308. Increase in limit on cover over of rum excise tax to Puerto Rico and the Virgin Islands.”
2 responses so far ↓
1 J. Mays // Oct 22, 2008 at 12:19 pm
you mean “sweeteners”… unfortunate, really.
2 Travis // Oct 22, 2008 at 2:44 pm
I want some sweeteners in my Puerto Rican rum
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