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

‘It makes the 2017 cuts to the tax rates permanent’

RUSH EXCERPT:
FINLEY: "Yes. it provide certainty to especially businesses that needed I I now, it makes the 2017 cuts to the tax rates permanent includin infrom the top rate which Democrats want to increase. Ititlso makes a permanent expensing immediate expepeing thth allows a business is to write off their capital equipment t d resesech velopment immediately. This provides a boost to investment and encourages more of it. It also makes permanent 20% deduction for pass-throughs or all businesses which is also very important. The most important thing is provide certainty it I is done. I’m not sure how much actual additional boost in terms of growth in GDP it will provide because E mainly extends the status quo."

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