September 1, 2018
Construction & Accounting Taxation published Marcum's latest article, on the likely impact of tax reform on capital expenditures, in the July/August issue.
Construction & Accounting Taxation
By Joseph Natarelli, National Construction Industry Group Leader & Anirban Basu, Chief Construction Economist
Excerpt:
[T]he impact of tax reform stands to be both larger and more durable than many observers realize. This represents one reason to be optimistic about U.S. economic prospects in 2019. Even so, at some point, the demand for new equipment will be largely satiated, meaning that even tax reform will not be enough to support perpetual economic growth.
