Political groups and think tanks from across the political spectrum see 2019 as the year that Congress may finally end temporary extensions of tax breaks.
For years, Congress has extended tax incentives for industries on a temporary basis because lawmakers don’t want to balance the long-term cost of the breaks by cutting spending or ending other tax breaks.
But Congress let several of those breaks expire following passage of the 2017 tax law, and more fell by the wayside last year as the government funding showdown dominated the end of 2018. Now, extender opponents see the best opportunity they’ve had ...
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