Daily Tax Report ®

Democratic 2020 Win Would Mean Tax Overhaul, Ex-Trump Aide Says

Feb. 14, 2020, 7:32 PM

One of the key architects of President Donald Trump’s 2017 tax law said Democrats are sure to change the U.S. tax code if they manage to win the White House and majorities in both chambers of Congress in the November election.

“I do think we will see tax legislation in a Democratic wave,” Shahira Knight, a former economic policy and legislative adviser in the Trump White House, said Friday at Tax Council Policy Institute event in Washington. “If you look in modern history when a new president has taken over we’ve had a major tax bill in the...

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