Andrew Solomon (Sullivan & Cromwell) explains why President Trump’s plans for ‘one big, beautiful Bill’ are heading for one big, ugly negotiation.
In our article ‘Buckle up your seatbelts: why 2025 will be a bumpy ride for US tax policy’ (Tax Journal 24 January 2025) Don Korb and I described the roller coaster ride that US tax policy was expected to take during 2025. In particular we noted that unless the tax cuts enacted by the Tax Cuts and Jobs Act of 2017 (TCJA) – due to expire at the end of this year – are extended most individual American taxpayers would suffer a tax increase beginning in 2026. We also pointed out that there were a number of additional tax cuts that candidate Donald Trump put forward during the...
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Andrew Solomon (Sullivan & Cromwell) explains why President Trump’s plans for ‘one big, beautiful Bill’ are heading for one big, ugly negotiation.
In our article ‘Buckle up your seatbelts: why 2025 will be a bumpy ride for US tax policy’ (Tax Journal 24 January 2025) Don Korb and I described the roller coaster ride that US tax policy was expected to take during 2025. In particular we noted that unless the tax cuts enacted by the Tax Cuts and Jobs Act of 2017 (TCJA) – due to expire at the end of this year – are extended most individual American taxpayers would suffer a tax increase beginning in 2026. We also pointed out that there were a number of additional tax cuts that candidate Donald Trump put forward during the...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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