The Unintended Consequences Of Fixing The 'Grain Glitch'
Among many other provisions in the $1.3 billion spending bill signed by President Donald Trump is a fix to the so-called “grain glitch,” which was a problem some farm state lawmakers pointed out in the GOP tax bill signed late last year.
But that’s not the only unintended consequence emerging from that law. Groups ranging from farmers to multi-national corporations to retailers are pointing out questions or potential problems with the new law.
Shawn Novak joined The Show to talk about it. He’s a clinical associate professor in Arizona State University’s School of Public Affairs and is a former senior accountant and tax policy advisor to the U.S. Senate Finance Committee.