Will a 2017 Tax Cut Rule Prevent Rural Broadband Expansion?
April 18, 2022
When Congress and former President Trump pushed through the Tax Cuts and Jobs Act of 2017, little did they know that a less-discussed part of the bill might make closing the digital divide more difficult.
As of now, $42.45 billion in federal broadband grants — as part of the Broadband Equity, Access and Deployment (BEAD) program — is taxable income due to the 2017 tax cut law.
