Florida should brace for double whammy: Tax reform, hurricanes
The election’s promise of tax reform raises both anticipation for some and anxiety for others. One thing is for sure — sensible tax reform will reinvigorate the economy. There is no question that the proposed expensing of capital purchases would encourage business and infrastructure investment, and repatriating the $2.6 trillion being held overseas back into the U.S. would be a boon for the economy. It’s that simple.