In brief

As a Presidential candidate, former Vice President Joe Biden announced a detailed and ambitious set of tax policy proposals. President-elect Joe Biden’s tax policy plans, like rolling back several provisions of President Trump’s 2017 Tax Cuts and Jobs Act, are potentially derailed given the Republican will control at least 50 Senate seats and possibly 52.


Even if Democrats win both Senate run-off races in Georgia, a 50-50 split in the Senate may require President-elect Biden to modulate his tax proposals to win support from moderates in both parties. We examine who might be included in President-elect Biden’s administration and what tax policy agenda they’ll pursue.

Read the full alert in the North America Tax and News Development Newsletter.

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