250 Retail and Restaurant Companies Urge Congress to Fix Tax Reform Error Delaying Investment
The National Retail Federation and more than 250 retail, restaurant and other companies from across the country are urging Congress to fix a mistake in last year’s tax reform law as part of end-of-year legislation, saying the error has put millions of dollars in job-creating remodeling projects on hold.
“The delay in correcting this provision has caused economic hardship for numerous businesses, including retailers, restaurants, real estate and construction industries, as well as the manufacturers that supply products to the building trade,” the businesses said in a letter to members of the House and Senate. “The delay in investments has had ripple effects across the economy that impact the communities in which these ...
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