Bracewell senior political strategist Liam Donovan told Semafor that neither presidential candidate is talking about the 2017 Republican tax law and its expiring provisions because it creates uncomfortable messaging issues for both sides.
“On the GOP side, you can warn of the coming tax hikes – but then you’d have to remind people why this exists,” he said, referring to how Republicans put sunsets on the individual tax cuts while making corporate tax cuts permanent in order to pass the bill. “On the Dem side, you could lean into that and say, we told you this is bad! But they don’t want to remind people they’re on board with the $5 trillion in Biden raisers.”
