{
	"type": "rich",
	"version": "1.0",
	"provider_name": "Action Network",
	"provider_url": "https://actionnetwork.org",
	
	"html": "<link href='https://actionnetwork.org/css/style-embed-v3.css' rel='stylesheet' type='text/css' /><script src='https://actionnetwork.org/widgets/v6/letter/tell-congress-to-eliminate-bonus-depreciation?format=js&source=widget'></script><div id='can-letter-area-tell-congress-to-eliminate-bonus-depreciation' style='width: 100%'><!-- this div is the target for our HTML insertion --></div>",
	"author_name": "Americans for Tax Fairness Action Fund",
	"author_url": "https://actionnetwork.org/groups/americans-for-tax-fairness",
	"title": "Tell Congress to Eliminate Bonus Depreciation",
	"thumbnail_url": "https://actionnetwork.org//images/generic_facebook.jpg",
	"description": "Corporations are preparing to claim $16 billion in retroactive tax write-offs through a revived corporate tax loophole known as bonus depreciation. Bonus depreciation allows corporations to deduct the full cost of equipment in the year it is purchased rather than over time, which better reflects its slow loss of value. This policy delivers outsized benefits to large, profitable corporations while draining hundreds of billions from the public treasury. The damage compounds quickly. Over the next decade, bonus depreciation is projected to cost taxpayers more than $362 billion. Two-thirds of the benefits flow to corporations with more than $250 million in annual revenue. A small group of mega corporations has captured tens of billions in tax savings while paying low effective tax rates. Rather than driving productive investment, bonus depreciation has fueled stock buybacks, dividend payouts, and outsized executive compensation. Independent economic analysis shows the policy produces weak economic returns while concentrating benefits at the very top. Congress can still act to eliminate bonus depreciation and stop future write-offs. Click “Start Writing” to tell Congress to eliminate bonus depreciation and protect public revenue now.",
	"url": "https://actionnetwork.org/letters/tell-congress-to-eliminate-bonus-depreciation"
}