1. Understanding the Capital Cost Recovery Act of 1979: A Move Towards Tax Simplification and Capital Formation Identifier: CAC_CC_109_4_22_23_0015 Contributing Institution: Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK Collection: James R. Jones Collection Title: Understanding the Capital Cost Recovery Act of 1979: A Move Towards Tax Simplification and Capital Formation Date: 1979-01-01 Creator: unknown Topic: Education, Elementary--United States, Education--United States Congress: 96th (1979-1981)
![["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."]](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 "Understanding the Capital Cost Recovery Act of 1979: A Move Towards Tax Simplification and Capital Formation")