Share on LinkedInShare on LinkedIn

ARTICLE · 10 NOVEMBER 2014

Tax Policy Update - November 4, 2014

For those of you who’ve waited patiently for tax extenders to return to the legislative limelight, the time is nigh.

United StatesTax

NUMBER OF THE WEEK: 4 Percent.

The chance that Democrats will hold on to their majority in the Senate after tonight's election results are tallied (or possibly not until after a Dec. 6 runoff in Louisiana), according to a Washington Post election model.

LAME-DUCK LEGISLATIVE LANDSCAPE

The Post-Election Extender-Ganza. For those of you who've waited patiently for tax extenders to return to the legislative limelight, the time is nigh. Regardless of the outcome of today's midterm elections, leaders in both the House and Senate have repeatedly said they will deal with the nearly 60 expired tax breaks during the lame-duck session.

But the question is how? A partisan battle over the amendment process — or lack thereof — blocked passage of the EXPIRE Act (S. 2260, offered as an amendment in the nature of a substitute for H.R. 3474) in the Senate last spring after it passed out of the Finance Committee with bipartisan support. The EXPIRE Act extends all 55 currently

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from