Manufacturers to deduct costs related to production such as building plants.Several experts confirmed that reading of the tax framework, including Steven Rosenthal, a senior fellow at the Urban Brookings Tax Policy Center. Rosenthal, who previously worked as legislative counsel to Congress’ Joint Committee on Taxation, said he expects lawmakers to continue to allow the business expense deduction.As with many aspects of the Republican tax plan, “the money basically goes to corporations and big business. It’s unfair,” said Rep.To be sure, small businesses too can deduct state and local taxes as business expenses.
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