GOP tax writer Crapo looks past election on tax policy

Senate Finance Panel’s Top Republican Looks Ahead

Senate Finance Committee ranking member Mike Crapo (R-Idaho), who could hold the panel’s gavel next Congress if his party takes the majority, is looking past the election to 2025’s big tax battle.

Crapo told Bloomberg Tax the Nov. 5 election outcome will set the stage for next year’s fight over what to renew from the 2017 GOP tax law, known as the Tax Cuts and Jobs Act.

In a conversation before lawmakers left for the October break, Crapo also spoke about sacred cows in the TCJA and what to do with expiring provisions ...