In a June 26, 2016 article in Accounting Today, Brett Beveridge provides insight on how members of both parties in the House and Senate must work together in order to pass meaningful tax reform. Referring to the 1986 Reagan tax reform, Beveridge says, this go-around could be more difficult. “Congress seems to be gridlocked,” he told Accounting Today. “Now, there’s a philosophical difference between the parties... To get meaningful tax reform you would need a deliberate process where both sides trust each other and can work with each other. I don’t see that now, so I think we’ll see this present system ricketing along for a while.” For the full article, you may click here.
- News & Analysis