With Election Day barely a month away, Brownstein’s National Tax Policy Team has compiled an analysis on the policy implications of various outcomes. The slides found here outlines tax-related legislative priorities in the event that the:
- Democrats control both the legislative and executive branch post-Election Day.
- Republicans control both the legislative and executive branch post-Election Day.
- Election ends in divided government.
It also discusses how the process of passing legislation through Budget Reconciliation might potentially unfold in the event of a Democratic or Republican sweep.
Brownstein’s bipartisan team is assessing the potential opportunities and risks associated with expected legislative movement and working alongside clients to develop their 2021 strategies. Regardless of the election’s outcome, expect an incoming government raring to govern. Preparation for any eventuality is key.
Click here for our full analysis.