The Tax Bill's Obscure Breaks and the Road Ahead for Congress
Talking Tax16 Heinä 2025

The Tax Bill's Obscure Breaks and the Road Ahead for Congress

Tax breaks for whale captains in Alaska and spaceport builders were among the lower-profile perks included in the GOP's $3.4 trillion tax-and-spending law enacted this month. The policies were necessary to gain votes of Republican holdouts, enabling the measure to pass in both the Senate and House in time for GOP lawmakers' self-imposed July 4 deadline. The law moved through Congress faster than many predicted, and some lawmakers are seeking changes to provisions in the law already generating criticism, such as a change to the deduction amount for wagering losses. The Republican majority's use of the reconciliation process, which allowed the measure to pass without any Democratic support, does not portend well for bipartisanship ahead. In this week's episode of Talking Tax, Bloomberg Tax reporter Chris Cioffi breaks down what Congress could tackle next on the tax front, including what could be in more reconciliation bills in the months and year ahead. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

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Hill Roundtable- Episode 46- Tax Reform Still Possible by End of Year

Hill Roundtable- Episode 46- Tax Reform Still Possible by End of Year

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21 Marras 20177min

Talking Tax- Episode 45- A Tax Reform Discussion Featuring Dave Camp

Talking Tax- Episode 45- A Tax Reform Discussion Featuring Dave Camp

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Talking Tax- Episode 44- A Tax Reform Discussion Featuring EY, Part 2

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14 Marras 201726min

Talking Tax- Episode 43- Navigating the New Partnership Audit Rules

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Talking Tax- Episode 42- A Tax Reform Discussion Featuring EY

Talking Tax- Episode 42- A Tax Reform Discussion Featuring EY

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3 Marras 201721min

Hill Roundtable- Episode 41- Path to Tax Reform Continues, GOP Bill Coming Next Week

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Hill Roundtable- Episode 39- Budget Is Must-Do Before GOP Tax Plan Moves Forward

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