Bloomberg Tax
Nov. 5, 2020, 7:14 PM

Ways and Means’ Neal Eyes Infrastructure, Aid to Families

Kaustuv Basu
Kaustuv Basu

Pandemic relief will top the agenda for Ways and Means Chairman Richard Neal (D-Mass.), who is likely to keep that role in the the 117th Congress.

Neal and other House Democrats will also turn their attention to how they can tweak or change the 2017 Republican tax law , such as removing its $10,000 cap on state and local tax deductions. Other changes that have been discussed by Democrats include increasing the corporate income tax to 28%, from 21%, and increasing the tax on those making more than $400,000 a year. But such changes will be unlikely if the Republicans ...

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