Tax Changes Could be Coming in 2021

News / In The News January 14, 2021

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There is soon to be a new administration in Washington, D.C., and often that means changes in tax policy, reported 95.3 MNC.

“We are expecting to see legislation, maybe big tax legislation, fairly soon in the first six months,” said Pat Wolff, AFBF Senior Director, Congressional Relations. “And the reason for that is the Democrats have talked about some big policy changes in the next Congress. Different parties have different policies, and as I’ve said, the Republicans have spent the last couple of sessions in Congress enacting business-friendly policies. The Democrats have said that they would like to focus more on individuals, and they’re talking about raising taxes on high-net-worth individuals and businesses.”

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Last week, the Bureau of Labor Statistics announced that April’s consumer prices were up 8.3 percent from a year earlier. Micheal Clements shares more on the impacts of inflation and the steps to turn the tide.

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Level 4 is taking on the responsibility to Organize. This is where an individual has moved in their advocacy experience from individual participation to organizing a group, members or leading an organization’s advocacy efforts. The advocate at this level is working to bring the collective actions of individuals together to show a groundswell (or grassroots) concern by constituents to lawmakers and their staff.

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