WNTS 2012 Legislative Outlook: Decision Points for Tax Policy

Washington National Tax Services

The 2012 elections for control of the White House and Congress will mark a key decision point for tax policy. Election-year competition over tax policy priorities may serve to define key business and individual tax issues and provide direction for the first major overhaul of US tax laws since 1986.

In this publication, PwC's Washington National Tax Services (WNTS) offers a preview of the key tax policy issues facing the Obama Administration and Congress in 2012, including the outlook for tax reform, deficit reduction measures, business tax provisions that expired at the end of 2011, individual tax provisions scheduled to expire at the end of 2012, and other tax policy matters of importance to today's business leaders.

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