House votes to make business tax break permanent

The House voted Thursday to make permanent a generous tax break that makes it easier for small businesses to buy new equipment and improve their property, part of an election-year showdown over a series of expired tax breaks worth billions.

The tax break allows business owners to more quickly write off the costs of computers, machinery and other equipment, as well as improvements to retail property. It expired at the beginning of the year, along with more than 50 other temporary tax breaks that Congress routinely extends.

READ MORE: http://www.foxnews.com/politics/2014/06/12/house-votes-to-make-business-tax-break-permanent/