Why Bipartisan Support Isn’t Enough to Change This Tax Provision

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Why Bipartisan Support Isn’t Enough to Change This Tax Provision
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Other political fights are slowing efforts to reverse a piece of the 2017 tax overhaul that sticks research-intensive startups and military contractors with high tax bills.

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https://www.wsj.com/politics/why-bipartisan-support-isnt-enough-to-change-this-tax-provision-a5ef8985Some business owners with research expenses are facing high tax bills because of a 2017 change in the lawBoeing is among top companies that have asked Congress to restore the prior law on deductions for research costs.

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