Construction & Accounting Taxation published Marcum's latest article, on the likely impact of tax reform on capital expenditures, in the July/August issue.
Construction & Accounting Taxation
[T]he impact of tax reform stands to be both larger and more durable than many observers realize. This represents one reason to be optimistic about U.S. economic prospects in 2019. Even so, at some point, the demand for new equipment will be largely satiated, meaning that even tax reform will not be enough to support perpetual economic growth.