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.
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