S. 187 aims to amend the Internal Revenue Code of 1986 to permanently allow full expensing for investments in qualified property. This means businesses can deduct the complete cost of certain property investments right away, instead of depreciating them over time. The bill...
Simple Explanation
S. 187 wants to change tax rules so businesses can quickly get money back when they buy special items, instead of waiting a long time. This idea is like when you buy a toy and can call it yours right away without waiting.