The Washington Post had a rather confused piece that complained that investment encouraged by accelerated depreciation, which was a provision of the Trump tax cut (also the Obama stimulus), is "helping companies replace workers with machines." This is reported as though it is some sort of scandal, when it is in fact precisely the point of this provision.
The stated goal of the Trump tax cut was to promote investment. This was their rationale for having the bulk of the tax cut go to businesses...
Published on February 19, 2019 23:21