Allysia Finley on the Trump Bill: It Provides ‘Certainty’ to Businesses That Needed It

RUSH TRANSCRIPT GIGOT Can ░░░░░░░░ make the case to ░░░░░░░░ heading into next year ░░░░░░░░ midtermsms Leles ask Wall ░░░░░░░░ Journal editorial board members ░░░░░░░░ Peterson and Kate Let ░░░░░░░░ step back and look ░░░░░░░░ the big picture here ░░░░░░░░ this bill is it ░░░░░░░░ for the country and ░░░░░░░░ economy that this bill ░░░░░░░░ FINLEY Yes It provide ░░░░░░░░ to especially businesses that ░░░░░░░░ I I now it ░░░░░░░░ the 2017 cuts to ░░░░░░░░ tax rates permanent includin ░░░░░░░░ the top rate which ░░░░░░░░ want to increase Ititlso ░░░░░░░░ a permanent expensing immediate ░░░░░░░░ thth allows a business ░░░░░░░░ to write off their ░░░░░░░░ equipment t d resesech ░░░░░░░░ immediately This provides a ░░░░░░░░ to investment and encourages ░░░░░░░░ of it It also ░░░░░░░░ permanent 20 deduction for ░░░░░░░░ throughs or all businesses ░░░░░░░░ is also very important ░░░░░░░░ most important thing is ░░░░░░░░ certainty it I is ░░░░░░░░ I m not sure ░░░░░░░░ much actual additional boost ░░░░░░░░ terms of growth in ░░░░░░░░ it will provide because ░░░░░░░░ mainly extends the status ░░░░░░░░ GIGOT But had it ░░░░░░░░ a tax increase FINLEY ░░░░░░░░ 5 trillion tax increase ░░░░░░░░