|Submited on :||Sat, 27th of Jan 2018 - 08:05:31 AM|
|Post ID :||7t8v80|
|Post Name :||t3_7t8v80|
|Post Type :||link|
|Subreddit Type :||public|
|Subreddit ID :||t5_2qh1s|
This is the best tl;dr I could make, original reduced by 92%. (I'm a bot)
New tax rules are hastening automation and modernizing in U.S. factories, giving manufacturers an incentive to buy machinery and boost productivity in a tight labor market.
Mr. Mathas said he plans to spend at least $1.5 million this year to add three or more robots to a production line in lieu of workers he is struggling to find.
Aluminum producer Novelis Inc. is among the bigger companies planning to build new plants or spend more on factory equipment this year in part because of the beefed-up depreciation benefit.
To read the full story
TIL After Oprah's famous "You get a car" episode, where she gave away 276 cars at a total cost of $7.6 million, many of the recipients sent in complaints to the show as they had all been charged a $6-7k "gift tax".