Let’s be honest — negotiations over a tax bill are essentially in the same spot they were when lawmakers hightailed it out of Washington last month.
People working on a potential deal, both in and out of government, are optimistic about where those talks among leading tax writers stand or at least believe them to be productive. (To be clear, those people were also optimistic a couple weeks back, and have been growing more hopeful as the months ticked down in 2023.)
But it’s also more than fair to point out that lawmakers might not have a lot of time in 2024 to reach an agreement, and to doubt that a potential deal that’s been hanging within reach during three separate calendar years will suddenly and swiftly come together.
