via Maclver by M.D. Kittle
MADISON, Wis. — The booming economy of 2019 continues to be fueled in large part by the GOP Tax Cuts and Jobs Act of 2017.
And Badger State companies and their employees continue to reap the rewards of tax relief.
U.S. gross domestic product (GDP), according to initial reports from the U.S. Commerce Department, grew by a whopping3.2 percent in the first quarter,crushing estimates and soothing worries of a looming economic slowdown.
Companies like Pewaukee-basedTrico Corp.have much to do with the U.S. economy’s impressive expansion. Bob Jung, CEO of the century-old industrial lubricants business, will tell you that the $1.5 billion tax relief package passed by the Republican-controlled Congress and signed into law by President Trump continues to benefit businesses like his — and Trico’s employees.
The complete story here > ‘It’s Very Real’: Tax Cuts Of 2017 Still Fueling Economic Boom Of 2019