Source: Lodging
By Chip Rogers
September 26, 2018
For hoteliers, tax reform meant that they could invest more of their money in higher wages, new jobs, property improvements, and more development. It provided a shot in the arm to an already surging economy, giving taxpayers more disposable income, and allowing many entrepreneurs access to capital that would allow them to continue growing their businesses. Sound too good to be true? Well, there is one catch—many of the pro-growth policies enacted in the TCJA expire in 2025. That’s why so many hoteliers are advocating for Tax Reform 2.0.