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Deductions: Get 'Em While You Can

...miners, prospectors and mining related businesses are discovering that capital investments in equipment, machinery and other business assets are more affordable today than ever before.

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All in all, these spending proposals, combined with those already approved, could bring total spending for the current budget year to around $8 trillion—by far the highest level ever recorded in America’s history.

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In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations.

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Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.

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The Bawl Mill   • Our Readers Say   • Ask The Experts - Could I stake out a 20-acre claim with a waterway running through it just as I would a lode claim?   • Ask The Experts - Do I have any grandfathered rights that post FLPMA claim holders do not have?   • Q&A With Detector Designer Dave Johnson   • Legislative and Regulatory Update   • Dredging Tips From The Golden Rogue   • Understanding and Prospecting Benches   • Gold in the Slate Creek Basin   • Endurance Is Golden   • Melman on Gold & Silver   • Mining Stock Quotes & Mineral and Metal Prices   • The Preacher of Sheeps**t Flats

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