Donald Trump’s election victory and the Republican success in holding the House and Senate have opened the door for tax legislation in 2017.
Next year, Republicans will control the White House and both houses of Congress for the first time since 2006. Lowering tax rates has long been a top priority for the GOP, raising anticipation that legislation could be moving early on in the next Congress.
“Taxes will clearly be high on the to-do list,” said Dean Zerbe, national managing director at Alliantgroup and former senior counsel to the Senate Finance Committee.
Republicans and some Democrats have talked for years of the need to reform the tax code, but differences on how to use the revenue — and skepticism about the effort from President Obama — have stood in the way of progress.
President-elect Trump, in contrast, is mostly aligned with the GOP on tax matters, according to Sage Eastman, a lobbyist at the firm Mehlman Castagnetti and a former senior counselor on the House Ways and Means Committee.
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Keep an eye on @RepKevinBrady — the key man on Tax Reform
https://t.co/murTR4DncD— Matt Mackowiak (@MattMackowiak) November 10, 2016
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