PODCAST

How Soon Is Now?: Biden's Tax Proposals

KPMG Catching Up on Capitol Hill Podcast Episode 03-2021 | Two short sentences—when unpacked—provide insights on the timing of potential Congressional action on tax increases in Biden Administration proposals

John P. Gimigliano

John P. Gimigliano

Principal, Washington National Tax, KPMG US

+1 202-533-4022

Jennifer Acuna

Jennifer Acuna

Principal, Washington National Tax, KPMG US

+1 202-533-3800

Thomas Stout

Thomas Stout

Director, Federal Legislative & Regulatory Services, KPMG US

+1 202-533-4148

Podcast overview

Both Secretary of Treasury Janet Yellen and Assistant Secretary for Tax Policy Mark Mazur made comments in recent weeks that might suggest Biden’s proposed tax increases could come later, not sooner. But is there more here than meets the eye? John Gimigliano, Jen Acuna, and Tom Stout break down these comments to see what we might learn about timing for Congressional action on Biden’s proposals.

 

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