Federal Full-Expensing Provision

Robots or Jobs? The Federal Tax Law's Uncertain Impact On Communities

Robots or Jobs? The Federal Tax Law's Uncertain Impact On Communities

In recent months, many states have adjusted their tax codes in response to the Tax Cuts and Jobs Act (TCJA), the sweeping package of federal tax-rate reductions and other changes enacted last December. The biggest issue states have had to reconcile has been whether and to what degree to conform to the federal tax changes – that is, whether to incorporate the TCJA’s provisions in part or fully into their own state codes.