WASHINGTON, DC-It's all done now except for the partisan bickering. President Barack Obama delivered his State of the Union address last night, committing to many hot button issues as gun control and elder care.
A number of topics on the list last night would directly or indirectly impact the commercial real estate market, topics that range from tax reform and jobs creation to repairing the failed infrastructure of our cities.
“Now is our best chance for bipartisan, comprehensive tax reform that encourages job creation and helps bring down the deficit,” the President said. “The American people deserve a tax code that helps small businesses spend less time filling out complicated forms, and more time expanding and hiring; a tax code that ensures billionaires with high-powered accountants can't pay a lower rate than their hard-working secretaries; a tax code that lowers incentives to move jobs overseas, and lowers tax rates for businesses and manufacturers that create jobs right here in America.”
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
