NEW YORK, Sept. 28, 2018 /PRNewswire/ -- Jon Traub, managing principal, Tax Policy Group at Deloitte Tax LLP, offered the following statement in response to the House vote on Tax Cuts 2.0:
"Today's vote by the House to make permanent the individual tax changes, which were enacted last year, fulfills commitments made by House leaders at that time. This may be the last action we see taken on this issue in 2018, as its unlikely those changes would get to the White House this year. The other two pieces of Tax Cuts 2.0 – expanding retirement savings and incentives for innovation among start-ups – could find new life in a post-election Lame Duck session of Congress," said Jon Traub, managing principal, Tax Policy Group at Deloitte Tax LLP.
About Deloitte Tax LLP
Deloitte Tax helps clients lead the transformation of the tax function into a strategic partner that supports growth and sustained profitability within an organization. With deep experience across a broad range of services and industries, Deloitte Tax has more than 10,000 trusted advisors who combine their knowledge of tax technical resources and technology to uncover insights and smarter solutions for clients in today's complex global and regulatory environment. For more information visit http://www.deloitte.com/us/tax. Join us on twitter @DeloitteTax.
As used in this document, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see http://www.deloitte.com/us/about for a detailed description of our legal structure. Certain services may not be available to attest clients under the rules and regulations of public accounting.
SOURCE Deloitte
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article