Imagine running a big business right now. Demand for your product is up. You need a new factory. Should you build now? Should you wait until next year? The year after?
That’s not really a hypothetical. Businesses all over the country face those questions. The only right answer is they shouldn’t build now.
That creates a potential problem.
Talk of tax reform created uncertainty. Businesses make money by waiting to see if tax rules change next year, or in 2019 under the plan.