The Tax Cuts and Jobs Act - What Are Your Favorite Parts?

There were two things in particular on the business side that were critically, critically important. One was lowering the corporat tax rate from a globally high 35 % down to a down to 21%. Companies can now compete against countries with much, much lower tax rates. The other very, very important thing it did was allowed businesses to write off, or what we call expense, their capital investments. That's everything from delivery trucks to machinery, to manufacturing equipment a to the tools on your desk. And as a consequence, we saw a huge boom in the amount of capital investment which was really, really good for economy.