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Barry J. Morgan, GW & Wade Counselor's Blog

Barry Morgan joined GW & Wade in 2009 after 6 years working at a boutique financial and estate planning law firm. He works with many types of clients including corporate executives, technology entrepreneurs, retirees, and young families.

Midterm Elections - Control of the House Has Changed Hands. Now what?

11/12/2018 Authored by Barry J. Morgan, GW & Wade Counselor

The change of control in the U.S. House of Representatives is unlikely to have a major impact on the business cycle unless there is a meaningful impact on taxation or spending. We don’t think either is likely. Most of the new laws enacted by the Tax Cuts and Jobs Act expire in 2025. This expiration date is not expected to change under the split congress. That said, the so called "Tax Cuts and Jobs Act 2.0" which, among other things, would have made many of those individual cuts permanent, is..

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