section 179 is not specific to farmers... subsidy and being allowed to depreciate equipment faster are 2 completely different things. I've never taken a subsidy, EVER. You can check EWG website to see that. However, if I buy a piece of equipment because I have a windfall year, I'd like the option of being able to take that piece off my taxes in the year I bought it, instead of dragging it out over many years, to the point it is no longer in service, yet still being depreciated. There are some things the IRS should have NO control over. They already have too much control as it is. It's akin to a schoolyard bully shaking my pockets out every day, to make sure I remember who is the boss. Anyone who agrees with these policies is also a bully.
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Today's Featured Article - Tractor Generators - by Chris Pratt. As a companion to the articles on three-brush and two-brush generators, it seemed fitting that we should provide our readers with a description of how a generator works in lay terms. The difficulty with all those "theory of operation" texts is that they border on principles of electricity or physics and such. Since I know nothing of either, you will have to put up with looking at the common sense side of how generators work which means we "
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