Andrew Lautz

Andrew Lautz, Director of Tax Policy at the Bipartisan Policy Center, breaks down the major 2025 tax-law changes and who they help. He highlights new deductions, confusion over tip and overtime rules, the revamped child tax credit, and how IRS funding and staffing could affect refunds and services. He also discusses the fallout from Trump’s lawsuit and what Congress might do about IRS modernization.

Andrew Lautz, director of tax policy at the Bipartisan Policy Center, breaks down the 2025–2026 tax law shakeup. He highlights the $40,000 SALT cap and its hidden marriage penalty. He explains restored R&D expensing, 100% bonus depreciation, shifts in charitable and gambling rules, and why IRS staffing and processing delays matter for filers.

Andrew Lautz, Associate Director for the Bipartisan Policy Center’s Economic Policy Program, dives into the complex world of the SALT deduction. He unpacks the implications of raising the cap on SALT deductions, especially for taxpayers in New York and New Jersey. Discussions reveal the historical roots of the current cap and the bipartisan divide surrounding it. Lautz also explores the potential consequences of proposed tax reforms, particularly how they affect high-income earners and seniors, sparking a need for more bipartisan dialogue on tax equity.