This article originally appeared in Morning Consult on January 10, 2019.
Jan. 3rd ushered in a new, Democratic-led House of Representatives and with it, the potential for both peril and promise. Chief among the grievances of new progressive House members is the landmark tax reform that the previous, Republican-controlled Congress put into place at the end of 2017. The Tax Cuts and Jobs Act, which slashed individual and corporate rates and strictly limited deductions, marked the first comprehensive tax overhaul in over three decades. Despite the hundreds of instances of tax reform “good news” documented by Americans for Tax Reform such as hiring increases, pay raises and higher bonuses, many newly minted lawmakers have their sights set on the tax cuts. Instead of targeting tax reform for elimination, Democrats and Republicans need to work together to fight import taxes (tariffs) and keep the tax code simple and fair for all. » Read Blog