Policy, politics, and the prospects for tax extenders

The House and Senate are expected to take action on the research credit, bonus depreciation, and dozens of other expired tax expenditures when lawmakers return to Washington for a post-election lame duck session.

Policy, politics, and the prospects for tax extenders, a new report from Deloitte Tax LLP’s Tax Policy Group, highlights the current status of efforts in the House and Senate to renew the expired tax extenders provisions; examines the political, procedural and policy reasons why these provisions remain in limbo nearly a year after they expired; considers what action lawmakers may take in the upcoming lame duck session; and provides a table that compares the competing House and Senate extenders proposals.

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