Alva Review-Courier -

By PAUL WISEMAN
AP Economics Writer 

US industries can start counting their benefits from tax law

 

December 27, 2017



WASHINGTON (AP) — Craft breweries are raising a glass to the Republicans' new tax overhaul: It cuts the excise tax on beer. Retailers, long saddled with heavy tax bills, will get relief. So will some high-profile names in corporate finance, led by Wells Fargo.

The tax measure that President Donald Trump signed into law Friday distributes benefits across a range of American industries, from construction to health care.

"As a general rule of thumb, everybody's doing well under this bill," Martin Sullivan, chief economist at Tax Analysts, says of U.S. companies. "When you give out a trillion...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021