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HVAC manufacturers welcome Trump's tax reform efforts

from FMLink

The Air-Conditioning, Heating, and Refrigeration Institute welcomed President Donald Trump’s effort to reform the nation’s tax system, which has not been significantly reformed since the Reagan Administration. The current depreciation period for capital HVACR and water heating equipment is set at 39 years in the tax code, in some cases more than double its useful life, points out AHRI. more

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