US EditionTrump Tax Law Quietly Takes Aim at Popular Perk: Office Snacks
UNITED STATES, JUL 11 – The tax law includes 100% first-year bonus depreciation to encourage manufacturing investment but risks are posed by ongoing metal tariffs and cuts to social safety programs impacting 12 million families.
- On July 4, 2025, President Donald Trump signed a $3.4 trillion budget package, reinstating 100% first-year bonus depreciation for equipment and factories.
- The law also halved the deduction for employer-provided food, scheduled for elimination at year-end, imperiling a dot-com-era workplace perk popularized during Silicon Valley’s dot-com boom.
- Local manufacturers report in northern Maryland, Giuseppe Riva expects to sell more steel fabrication machines under bonus depreciation, while Courtney Silver paused a $1 million equipment purchase in Concord pending expensing clarity.
- With steel and aluminum levies already in place, President Donald Trump extended a Wednesday deadline until Aug. 1 with a plan for a 50% duty on imported copper, joining existing levies that buyers fear could undermine manufacturing recovery.
- Though tax provisions likely boost business investment in the medium term, Pantheon economists said firms will hold back capital deployment until the tariff outlook clarifies.
15 Articles
15 Articles
Trump’s tax law expected to spur U.S. factory investment but tariffs pose risks
U.S. manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the president’s erratic trade policy risks tempering any pronounced pickup in capital investment.
Trump’s Tax Law Expected to Spur US Factory Investment But Tariffs Pose Risks
US manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the president’s erratic trade policy risks tempering any pronounced pickup in capital investment.
A Reddit user is criticized because he eats in the office. But what is allowed – and what disturbs the college? A knigge expert brings clarity to the snack question.
In an interview with SZ, the director of the American Chamber of Commerce in the Czech Republic, Weston Stacey, comments on Trump's policy, appealing for a return to a stable business environment, zero tariffs, and technological cooperation between the EU and the USA.
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