Full immediate expensing would lure U.S. firms back from China: Trump adviser Kudlow
Reuters
Published Apr 09, 2020 03:20PM ET
WASHINGTON (Reuters) - White House economic adviser Larry Kudlow on Thursday said one policy that could lure U.S. companies to move back to the United States from China would be 100 percent immediate expensing across the board.
"As far as policies to get the companies home, a lot of things we can do," Kudlow told Fox Business News. "I would say 100 percent immediate expensing across the board. Plant, equipment, intellectual property structures, renovations. In other words, if we had 100 percent immediate expensing we would literary pay the moving costs of American companies from China back to the U.S."
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Written By: Reuters
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