In this month's video update, NAED General Counsel Ian Reynolds reviews NAED's legislative agenda victories in the 115th Congress, such as helping to pass the Tax Cuts & Jobs Act that lowered business taxes, limiting the death tax, and protecting LIFO.
We are ready to advocate for the electrical industry and your business as we transition into the 116th Congress.
Our focus in 2019 includes:
- Pushing for a fix to the Qualified Improvement Property (QIP) rules in the tax code
- Immediate expensing for light fixtures in all new construction
- Federal legislation centering on online sales tax.
We will be fighting against legislation that doesn't benefit you including raising the death tax, rolling back gains in the Tax Cuts & Jobs Act, and eliminating LIFO.
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