Tax reform is noble goal—but hands off like-kind exchanges
June 9, 2017 | by DAN WAGNER | Chicago Business
Rarely do the interests of small businesses owners, multi-generational family farmers and a broad range of local entrepreneurs agree with almost a century of federal income tax policy—especially when it results in billions of dollars in taxes being paid.
But fortunately for the economy, they do.
The trouble is, a powerful economic driver is now in real danger as Congress and the Trump administration grapple with the twin dilemmas of tax reform and a threadbare federal budget proposal that would put such long-term investments and incentives at risk.
