How the Proposed $2.1 Trillion Tax Hikes Could Impact U.S. Businesses and Taxpayers

The U.S. House Ways and Means Committee has approved a proposal to increase certain taxes by $2.1 trillion to offset the House Democrats’ $3.5 trillion government spending plan. With a long way to go and a number of possible changes to be made along the way, Jackson Walker tax attorneys Ron Kerridge, Argyrios Saccopoulos, Nate Smithson, and Ashley Withers have divvied up the proposal and provided an overview of some of the key proposals for income tax hikes. For additional JW Fast Takes podcasts and webinars, visit JW.com/Fast. Follow Jackson Walker LLP on LinkedIn, Twitter, Facebook, and Instagram. The music is by Eve Searls. This podcast is made available by Jackson Walker for informational purposes only, does not constitute legal advice, and is not a substitute for legal advice from qualified counsel. Your use of this podcast does not create an attorney-client relationship between you and Jackson Walker. The facts and results of each case will vary, and no particular result can be guaranteed.