Tax Reform: Allow Choice Between Immediate Expensing and Interest Deductibility
Last November, Americans delivered a clear and important message to Washington, D.C.: Create more American jobs and increase investment in America's aging infrastructure.
While roads, bridges and other public works projects are obviously important, President Trump has wisely recognized that a successful infrastructure policy must also include steps to stimulate private-sector infrastructure investment and job creation. Accordingly, as President Trump and Congress take steps to modify and reform the tax code, it is important that any changes being considered not undermine these private infrastructure initiatives.
Specifically, many American businesses currently rely on debt to fund infrastructure investments and create new jobs. Companies of all sizes in a variety of industries,…[more]
If you're wondering where the Washington, D.C., swamp is being drained as promised, look no further than the Federal Communications Commission (FCC) and intrepid new Chairman Ajit Pai.
For eight long years, the Obama Administration circumvented our deliberative democratic process to impose laws via administrative fiat and his infamous "pen and phone."
And no agency illustrated that malfeasance more than the FCC, where former Chairman Tom Wheeler in particular rammed through partisan policies and midnight regulations of dubious legality, often suffering the wrath of an unamused…
"The Justice Department on Friday sent letters to eight cities, threatening to withhold federal grant money if they don't demonstrate cooperation with immigration enforcement. President Donald Trump has promised to force 'sanctuary cities' to follow the federal government's lead on enforcement of immigration laws. Hundreds of jurisdictions across the U.S. limit to varying degrees their cooperation…[more]