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Tax Reform Uncertainty and the Low-Income Housing Tax Credit Market
6/8/2017

Tax Reform Uncertainty and the Low-Income Housing Tax Credit Market

Comprehensive tax reform is one of those things that politicians often talk about, but few in Washington actually believe will ever happen. After all, the last bipartisan comprehensive tax reform achievement occurred over 30 years ago, a distant past when politicians still reached across the aisle to pass major legislation. Now, with partisanship as strong and bitter as ever, it would take a myriad of factors to get to a place where tax reform is even a possibility. Setting the stage for comprehensive tax reform would likely require one-party control of both the House and the Senate, a president from that same party who is willing to take big risks, and a speaker of the house with a detailed plan. To the surprise of many, that’s exactly where we stand as 2017 unfolds.