Wes Smith, President and CEO of the National Association of Electrical Distributors, provided the following statement: The businesses we represent—located in every state and Congressional district—have seen firsthand how the Tax Cuts and Jobs Act (TCJA) has fueled growth across the electrical distribution industry, from small enterprises to large distributors. By lowering marginal tax rates, enhancing expensing provisions, increasing the estate tax threshold, and establishing the 20% small business deduction under Section 199A, the TCJA has been a powerful catalyst for economic progress. We applaud the pro-business, pro-growth tax provisions, including the Section 199A deduction, enhancements to the 179 expensing, modifications to the Estate Tax, and the temporary restoration of Bonus Depreciation.  NAED Statement on House Ways & Means Committee Reconciliation Bill – tEDmag