Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK Understanding the Capital Cost Recovery Act of 1979: A Move Towards Tax Simplification and Capital Formation 1979-01-01 1979-01-01 unknown http://rightsstatements.org/vocab/NKC/1.0/ eng 96th (1979-1981) James R. Jones Collection CAC_CC_109_4_0000, Box 22, Folder 23, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving https://arc.libraryhost.com/repositories/3/resources/70 CAC_CC_109_4_22_23_0015 https://jones-2.s3.amazonaws.com/James%20R.%20Jones%20Collection/James%20R.%20Jones%20Correspondence%20Series,%201968-1986%20/CAC_CC_109_4_22_1_0000-District%20Office,%20Jones%20Clippings,%201973/Thumbnails/CAC_CC_109_4_22_23_0015_thumbnail.jpg https://arc.libraryhost.com/repositories/3/archival_objects/863812 https://jones-2.s3.amazonaws.com/James%20R.%20Jones%20Collection/James%20R.%20Jones%20Correspondence%20Series,%201968-1986%20/CAC_CC_109_4_22_1_0000-District%20Office,%20Jones%20Clippings,%201973/CAC_CC_109_4_22_23_0015.pdf correspondence Education, Elementary--United States; Education--United States 2 Pages The document is a response to a communication regarding H.R. 4646, the Capital Cost Recovery Act of 1979. The bill aims to simplify the tax code and promote capital formation by allowing for rapid depreciation of assets. It will not reduce the advantages of the Investment Tax Credit or prevent accelerated depreciation methods. The author requests support for the bill to encourage more capital investment in the private sector. Text