Lauren Vella

Lauren Vella, a tax policy and legislation reporter at Bloomberg Tax, dives into the implications of a recent House-passed tax bill. She discusses how it preserves current tax rates on foreign-earned income, originally shaped by the 2017 Tax Cuts and Jobs Act. Vella highlights the mixed reactions from businesses and the potential changes anticipated in the Senate, particularly regarding GILTI and other international provisions. The conversation also touches on how these tax adjustments could affect U.S. relations globally and the implications of the Byrd Rule.