The Hill Features Op-Ed by Congressman English on Tax reform in the Trump Administration
In the opinion article “The 1 Thing Every Tax Proposal Needs” recently published by The Hill, former Representative and current Arent Fox Senior Government Relations Advisor Phil English maintains that the one provision every tax proposal needs is expensing.
English states that expensing garners bipartisan support, but rarely attracts the enthusiasm it deserves. He argues that write-offs for businesses incentivize critical capital investment that would otherwise be unprofitable and provide a more robust economic stimulus than any conventional infrastructure program. According to research by the Tax Foundation, expensing would do more to raise the GDP, wages, and employment than any other component of the House GOP tax blueprint.
Click here to read the full article.
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