Marc Gerson Comments on Tax Extenders Bill in Tax Notes Today
Subtitle
"Lobbyists See No Easy Answers for Revenue Raisers This Summer"
Subtitle
"Lobbyists See No Easy Answers for Revenue Raisers This Summer"
Tax Notes Today
Marc Gerson discusses the current tax extenders bill, which proposes $14 billion in international tax changes, including a number of proposals that have not appeared either in prior legislation or in President Obama's budget proposals. The exception could indicate a "troubling trend," said Gerson. He added that while the extenders bill might be an isolated example, "it's evidence of the revenue pressure that Congress is under."