Public Policy Roundup
The border adjustment tax is dead, the new Fed vice chair wants transparency, and P3s were touted as a panacea to U.S. infrastructure woes in this week’s top stories.
This week, the GOP looked to tax reform for a potential legislative victory, but paying for cuts could be tricky. Meanwhile, NAFTA renegotiation takes a back seat.
Making headlines this week is a likely contender for the next Fed chair, plus Congressional discussions of pass-through tax rates and opposition to a procedural vote on health care.
Tax reform headlines top the week's middle-market public policy news as Washington wrestles with issues such as corporate interest deductability and a border adjustment tax.
Health care reform, tax treatment for pass-through businesses and changes to overtime exemption rules capped important headlines impacting the middle market this week.