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Tax News & Views
Capitol Hill briefing
Tax News & Views, published by the Deloitte Tax LLP Tax Policy Group in Washington, DC, provides a compact, reader-friendly perspective on the latest tax developments coming out of Congress affecting businesses and high-wealth individuals.
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Recent editions appear below; for older issues please email a request to ustaxnews@deloitte.com.
January 21, 2025 (Special Edition)
Trump says global tax deal has no “force or effect” in US, orders government hiring freeze with more scrutiny for the IRS
As Donald Trump took the oath of office as the forty seventh president of the United States, he issued a number of executive orders on energy and border security and declared that the global tax deal – a two-part international agreement signed on to by the Biden administration in 2021 with 140 other countries – has no “force or effect” in the United States; meanwhile he also ordered a hiring freeze on all federal civilian employees, with extra scrutiny on IRS employees.
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January 17, 2025
Ways and Means Committee debates TCJA tax cuts at hearing
January 10, 2025
Johnson retains House speakership, Senate leadership takes shape as 119th Congress gets started
December 23, 2024 (Special Edition)
Short-term funding bill becomes law, averts government shutdown
December 20, 2024
Conservative Republicans align behind two-bill, border-first reconciliation strategy
December 13, 2024
Debate over 2025 reconciliation bill strategy continues
December 6, 2024
Senate Republicans eye two reconciliation bills in 2025
November 22, 2024
Republican congressional leaders eye 2025 tax agenda
November 15, 2024
GOP sweeps the board as Republicans win House majority in 119th Congress
September 27, 2024
Harris, Trump highlight plans for domestic production tax incentives
September 20, 2024
Trump calls for eliminating SALT deduction cap
September 13, 2024
Limited—and familiar—tax talk as Harris, Trump meet for presidential debate
August 2, 2024
Senate sinks procedural motion on Smith-Wyden tax bill, leaves for August recess