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Nathaniel Moran: “The permanency of the section 199A...will affect about 93%…”

Featuring: Nathaniel Moran, Republican | U.S. House Texas, 1st Congressional District

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East Texas Congressman Nathaniel Moran Discusses Federal Spending Bill and Its Impact on Local Economy

Published | Video Starts at 03:10

Things like bonus depreciation which will help with immediate expensing of capital expenditures and the R and D expenditures that you can immediately expense. The permanency of the section 199A...will affect about 93% of our businesses. 199A will keep those tax rate low for our pass through entities. That's the S corporations, LLCs, the partnerships. (03:10–03:20)

CLAIM

Asserts that the permanency of section 199A will impact 93% of businesses.

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