Arshi Siddiqui Quoted in Wall Street Journal on Brewing House Tax Battle
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The Wall Street Journal has quoted Akin Gump public law and policy partner Arshi Siddiqui in the article “Democratic House Win Sets Up Clash Over Trump Tax Cuts,” which looks at the fight that could be in the offing as Democrats seek to reverse tax cuts for high-income households that were put in place last year.
Democrats and Republicans, the article notes, have both signaled a desire to improve the nation’s roads, bridges, tunnels and other public works, but they disagree on how to fund such a program. According to the Journal, the battle over taxes could have an impact on other issues, such as health care and education.
Siddiqui, a former tax policy aide to Rep. Nancy Pelosi who could now be poised to return to the speakership, said the incoming freshman class of Democrats is full of pragmatic members from suburban districts who want accomplishments.
“If there’s the political will there, then the offsets come together,” Siddiqui said, referring to where the money for new spending might come from. “If the Trump administration decides that they want to get to a deal then I actually think the funding source will fall into place.”
