Tax Cut 2.0 Package in the Mix for September

Talking Tax

English - September 18, 2018 02:33 - 9 minutes - ★★★★ - 96 ratings
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Previous Episode: Altera’s Tax Saga, IRS Administrative Procedure, and the Death of a Judge

Next Episode: House Prepares to Vote on Tax Cut 2.0 Package

House Speaker Paul Ryan (R-Wis.) wants the House to vote by the end of the month on a second round of tax cuts known as Tax 2.0. The package would make some of the temporary provisions in the 2017 tax law permanent and create new retirement and innovation tax incentives. But GOP leaders could face resistance from some members in their party opposed to making the cap on state and local tax deductions permanent. During this episode of Hill Roundtable, Bloomberg Tax’s Allyson Versprille and Kaustuv Basu talk to Amanda Iacone about Tax 2.0 and more.

Host: Amanda Iacone. Producer: Nicholas Anzalotta-Kynoch