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You are here: Home / Budget & Taxes / How Last Week’s Elections Will Impact the Tax Bill

How Last Week’s Elections Will Impact the Tax Bill

November 12, 2017 at 7:08 am EST By Taegan Goddard Leave a Comment

Stan Collender: “Individual members are at least hinting — and many are openly saying — that the Republican Party is no longer as important as their personal reelection prospects. That means the bill’s enactment may not be as important to them as preventing locally politically noxious individual provisions — like the deductibility of state and local taxes  — from becoming law.”

“With support for the Republican party no longer a guaranteed political lever, the leadership has little choice but to try to appease senators and representatives by changing proposed tax provisions so the recalcitrant members have something they can take back to their constituents to demonstrate their personal value. But in a tax bill of this size that has budget restrictions that limit what may be done, almost every modification made for one representative or senator typically will cause political pain for another and, therefore, no net increase in support.”

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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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