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Post-Election Tax ‘Armageddon’ Policies Dissected by Brownstein Bipartisan Experts in New Policy and Taxation Group Podcast Airing Now
Next Administration ‘Will Bring New Tax Bill,’ According Brownstein Tax Pros
With a new administration and a potential “tax Armageddon” facing the clients of family offices, the bipartisan tax experts at Brownstein dissect the aftereffects of November’s elections on America’s tax policies.
The podcast features bipartisan experts from the Washington, D.C., law firm Brownstein, with tax department leaders Rosemary Becchi, Shareholder, and Russell Sullivan, Shareholder, leading the conversation with its Republican tax pro Will Dunham, Policy Director, and Democratic tax pro, Nadeam Elshami, Policy Director.
Dunham worked most recently in former Speaker of the House Kevin McCarthy’s office and for years has been deeply involved in Republican-based tax policy. Elshami, Managing Director of Brownstein’s Washington, D.C. office, was Chief of Staff for former Democratic Speaker of the House, Nancy Pelosi.
The Brownstein panel discussion is entitled: “Will There be a 2025 Tax Armageddon After the Election?”
In the podcast, the guests share insights on how tax policy might look if either party sweeps the elections, or if there is split control of government after November. However, the no matter who wins the White House or Congress, the podcast panel agree on one thing: “there will be a new tax bill in 2025.”
The podcast, part of a series called “The Voice of Family Business on Capitol Hill,” is airing on Spotify and other podcast platforms. The series is hosted by Pat Soldano, President, Policy and Taxation Group, advocates for clients of family offices and successful individuals.
“This bipartisan panel discussion highlights the many critical tax issues facing clients of family offices and family businesses as we head into elections,” said Soldano about the episode. “Our partners at Brownstein detail the importance the election plays on many expiring taxes impacting the largest private employer in the country, family businesses,” she said.
Soldano is also President of Family Enterprise USA, a sister organization advocating for generationally-owned family businesses.
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The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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