Some Business Owners Are Facing Giant Tax Bills. Why Congress Hasn’t Done Anything.

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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-a5ef8985ByBoeing is among top companies that have asked Congress to restore the prior law on deductions for research costs.WASHINGTON—Republicans and Democrats agree that Congress should reverseCopyright ©Continue reading your article with

 

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