Miller & Chevalier and the National Foreign Trade Council (NFTC) announced the results of their Ninth Annual Tax Policy Forecast Survey, measuring the current perspectives of leading business tax executives on the tax legislative agenda in 2015. According to this year's results, tax reform remains a top priority for the business community, but tax executives are not optimistic they’ll see a bill reach President Obama's desk this year. For the first time in years, however, respondents do see a glimmer of hope on the horizon. Almost half (49 percent) say that tax reform will be enacted in 2017 -- after the next presidential election. If and when tax reform does happen, 53 percent of respondents believe the most important issue to address will be the high statutory tax rates.
The survey is led by Miller & Chevalier Member Marc J. Gerson, who is Vice Chair of the firm's Tax Department and former Majority Tax Counsel to the U.S. House of Representatives Committee on Ways & Means.
To date, press coverage of the survey has included articles in a variety of publications, including Bloomberg BNA, Law360, Tax Analysts, POLITICO's Morning Tax, and WSJ/Dow Jones Newswire - Market Talk, CFO, The Hill, Roll Call, Accounting Today, Tax Career Digest, Accounting WEB, CCH Federal Tax Diary, Working Capital Review, and TaxProf Blog.