From FEDA News & Views: Permanent Tax Relief, Practical Impact
When the One Big Beautiful Bill Act (OBBBA) officially became law in July, Huff Harper finally exhaled. That’s because the president of Oswalt Restaurant Supply knew the budget reconciliation legislation wasn’t just another bill; it was the green light to keep moving forward. The company had developed a strategy that factored in the 2017 tax cuts and used the added margin to boost salaries, invest in equipment and support the surrounding community. Had those provisions expired — something that was slated to happen at the end of this year — Harper was prepared to scale back.
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