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Republican Sweep May Break Legislative Logjam

Now that mid-term elections are over, let’s take a quick look at how the results affect some key retirement issues.

Tax Reform Iffy Before 2016 Election

With total control of Congress in 2015, Republicans will likely introduce tax reform legislation. Some experts contend that there is a very limited window in early 2015 for the new Congress to pass a tax reform measure before the presidential campaigning starts for the 2016 election. Many believe the best chance of achieving comprehensive tax reform will come in 2017 with a new president.

Read more thoughts on how the Republican sweep may break the legislative logjam. 

Jon Vogler is Senior Analyst, Retirement Research, at Invesco Consulting.

Invesco Distributors, Inc. 11/14

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