What's Hot, What's Not in Tax Debate on Capital Hill
Caroline Harris
Vice President, Tax Policy & Economic Development and Chief Tax Policy Counsel, U.S. Chamber of Commerce
Short Term
- Maybe more COVID stimulus or relief
- Likely action on tax extenders
Long Term
- Maybe more COVID stimulus or relief
- Potential attempt to claw back tax relief
Longer Long Term
- President Trump has not released any tax plans
- Vice President Biden has indicated a desire to increase tax rates for individuals and businesses.