Loren Ponds Quoted on Tax Cuts in Coronavirus Relief Bill in Law360

"Tax Cuts in Coronavirus Relief Bill Raise Fiscal Questions"



Loren Ponds was quoted regarding the impact coronavirus-related legislation may have on the Tax Cuts and Jobs Act (TCJA). If the pandemic continues, there will be increasing pressure for Congress to consider additional relief packages. Ponds noted that an option for future coronavirus-related legislation is for Congress to repeal some of the TCJA's scheduled future tax increases and expirations, which "could alleviate the economic impact of essentially shutting down the country."