Overview
Bloomberg BNA quoted Doug Kantor in an article titled “Six Things to Watch as Congress Gears Up for Tax Overhaul.” The article, published November 14, discusses how expectations for the tax code overhaul changed overnight with Donald Trump’s election. Now, with Republicans controlling Congress and the White House, tax lawyers, lobbyists and corporate directors are scrambling to review the finer points of the House Republicans’ tax blueprint and Trump’s plans, as an overhaul of the Internal Revenue Code seems more plausible.
Mr. Kantor says: “The big question about tax reform is at what point do Republicans make deals with Democrats that leave out their own constituencies, or at least anger them. Tax will be one of the first areas where that plays out.”
The full article can be read at Bloomberg BNA (subscription required).