Finding Compromise on Tax Extenders Tough, Brady Says
Rep. Kevin Brady, the top Republican on the House Ways and Means Committee, said that despite lots of negotiating -- even through the last several weekends -- Democrats and Republicans are not finding a compromise on bringing back expired temporary…
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tax provisions or renewing tax provisions that are due to end this year, such as the Craft Beer Modernization Act. With regard to the provisions that expire this year, like the one for beer, wine and spirits, Brady said he does not expect them to survive “if these discussions fall through.” That said, if there is a way to find a compromise, there are a few items that have wide appeal, and the Craft Beer excise tax break is “a high priority for both parties,” he said at a press conference Dec. 11.