{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Iron Horse Energy Daily Brief","title":"Tuesday, October 21st, 2025","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/956e75a1\"></iframe>","width":"100%","height":180,"duration":222,"description":"Today we're answering the question Courtney Moeller gets asked most often: \"How are 80-85% first-year tax deductions even legal?\" Congress wrote the tax code to encourage domestic oil and gas production. IDC (70-80% of investment) is 100% deductible under IRC Section 263(c). Tangible equipment (20-30%) is depreciable over 7 years. These deductions offset ordinary income, not just capital gains. A $100K investment = $85K deduction = $31K+ tax savings for high-earners.","thumbnail_url":"https://img.transistorcdn.com/QoD_SpVIhQu8Sff0vocgBI0Th5WVp2kCNhzenTCYsVU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kOTZk/MjYxYTVlZWMzYmY5/NjZmOGI3NmZiM2Jj/MTI2NC5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}