This link has been bookmarked by 2 people . It was first bookmarked on 11 Apr 2008, by ignt rn.
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11 Apr 08
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$152 billion
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Tony Jimenez is the President and CEO of MicroTechnologies, LLC, a small Northern Virginia business focused on information technology and systems engineering. Since founding MicroTechnologies in 2004, Jimenez has led the company through a period of uninterrupted growth. MicroTechnologies' professional staff, now numbering more than 100, supports more than 30 prime contracts with civilian and defense agencies. Jimenez says that the savings from the stimulus package will allow him to move his company into a new rented space. He will also be spending $500,000 to $600,000 on new servers, technology upgrades, a phone system, copiers, furniture, and lease-hold improvements to the new space. He estimates the tax provisions will save him around $60,000 on his new investments, and he would not have been able to make this move without those savings.
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Ray Pinard is the President and CEO of 48HourPrint.com, a leading online supplier of high-quality customized printed products to businesses. The company offers a broad spectrum of products ranging from business cards and brochures to tickets and pocket folders. Pinard responded to the bonus depreciation in the stimulus package by purchasing a $2 million off-set press. The purchase could have waited until next year, but the investment incentives provided by the stimulus package made this purchase possible in 2008.
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28 Nov 06
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