Trump’s ‘bonus depreciation’ rule is turning luxury travel into a tax break. How the ultra-wealthy can cash in

For wealthy Americans, business is taking off — literally. That’s thanks to a revived tax break from the first Trump administration, called bonus depreciation. Must Read Bonus depreciation lets businesses write off 100% of big-ticket business purchases like new tech, equipment, or upgrades in the year they are purchased. By front-loading those tax breaks, the policy gives companies a reason to spend now — nominally fueling investment, productivity, higher pay, and new jobs down the line, according to th ...