The 2022 midterm elections are wrapping up, and taxpayers are looking at a divided Congress for the next two years. Senior Policy Analyst Garrett Watson sits down with Jesse at TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. Foundation’s headquarters to give a quick analysis of what these elections mean for tax policy. They talk through what we can expect from the approaching “lame-duck” session, what a Republican House and Democrat Senate could find agreement on, and what priorities the upcoming Congress should focus on.
Links
https://taxfoundation.org/tax-extenders-2022/
https://taxfoundation.org/tax-cuts-jobs-act-business-tax-increases/
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