House Ways and Means Committee member Pat Tiberi (R-Ohio) last week introduced a bill to permanently extend the 50-percent bonus depreciation provision covering certain capital equipment, including business aircraft. The bill, H.R.2510, has attracted 23 cosponsors—all Republicans—so far. A number of the cosponsors are members of the Ways and Means Committee, which steers tax policy. Tiberi said the measure would help improve access to capital and foster investments. Read More >>