A Hilly, Public Golf Course Is Often Used by Sledders

question 99

Essay

A hilly, public golf course is often used by sledders in the winter. One of the sledders was quoted as saying, "This is public property, so we have just as much a right to be on these hills as anyone else. Besides, when it snows, golfers can't use the course anyway. Sledding doesn't harm anything." Is he correct? Why or why not?

---

Definitions:

MACRS Depreciation

MACRS Depreciation refers to the Modified Accelerated Cost Recovery System, a method of depreciation under U.S. tax law that allows for faster recovery of assets' costs over their useful lives.

Percentage Depletion

A tax deduction method applicable to natural resources extraction, calculating the deduction as a percentage of the gross income generated from the resource.

MACRS

The Modified Accelerated Cost Recovery System, a method of depreciation for tax purposes allowing for faster recovery of assets' costs to stimulate investment.

Straight-Line Depreciation

An approach to spreading the expense of a tangible asset across its lifespan in uniform yearly sums.