Big Picture on Pass-Through Taxation
Our expectation for 2013 is continued guerrilla warfare on specific tax hike proposals coupled with the looming threat of larger tax hikes when Congress next addresses the debt limit. Add in the determination of both tax-writing committee chairmen to pursue comprehensive reform, and you have a good understanding of how we’re going to spend our time over the next year:
- Working with the tax committees to make their tax reform proposals as business friendly as possible;
- Fighting the Administration’s efforts to turn tax reform into another opportunity to raise taxes on Main Street Employers; and
- Fighting specific proposals to unfairly target S corporations …
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