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UPS Union Issues
The "Badluck Schleprock" Of JC42 PDK (952)
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<blockquote data-quote="Inthegame" data-source="post: 2054019" data-attributes="member: 37112"><p>Not on LM2's. You must not understand how depreciation works.</p><p> </p><p>You can dislike PK all you want but math and accounting are politically neutral and working against you. Take an objective look at Schedule 6. Column (B) is what an asset costs; the real value (C) is the tax advantage of depreciation, then (D) is the remainder between the two for accounting purposes.</p><p> </p><p>If you personally depreciated property, do you really believe the value of that property would be the book value if you tried to sell it? That's the objective view you're missing.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 2054019, member: 37112"] Not on LM2's. You must not understand how depreciation works. You can dislike PK all you want but math and accounting are politically neutral and working against you. Take an objective look at Schedule 6. Column (B) is what an asset costs; the real value (C) is the tax advantage of depreciation, then (D) is the remainder between the two for accounting purposes. If you personally depreciated property, do you really believe the value of that property would be the book value if you tried to sell it? That's the objective view you're missing. [/QUOTE]
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The "Badluck Schleprock" Of JC42 PDK (952)
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