What’s Next Now That Trump Signed the GOP Tax Bill: BGOV Tax

The Tax Bill is Law. Now What?

President Donald Trump signed the GOP tax bill into law July 4, but Congress’s work isn’t over—and the IRS’s is just beginning.

Several tax policy priorities were left out of the $3.4 trillion measure, including tax treaty-like benefits for companies doing business between Taiwan and the US, a new round of retirement tax changes, and an extension of the work opportunity tax credit.

These issues have bipartisan support and are sure to be the subject of lobbying from business groups, but it will be an uphill battle to get Democrats interested in working ...