What It Means for Taxes as the New Congress Gets Busy (Podcast)

Jan. 3 marks the beginning of the next Congress, where Republicans will lead both chambers and control the White House.

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Democrats being out of power has big implications for tax policy, as GOP lawmakers heading into the new year debate what to renew from the 2017 GOP tax law, known as the Tax Cuts and Jobs Act.

The TCJA was passed with no votes from Democrats and benefits skewed toward the wealthy and corporations. Incoming GOP leaders have proposed ...