Democratic Congress to Reshape Tax, AI, Finance and Tariff Rules
MILWAUKEE – November 07, 2026 -- Democrats' recapture of both chambers of Congress in the midterm elections will hand them control of the tax-writing committees in the new year, but Wipfli advisers expect the President's veto to confine enacted change to areas of bipartisan agreement.
Those areas include improved IRS services, housing, healthcare affordability, digital assets, retirement and domestic investment, according to Brian Coddington, senior manager at Wipfli. He advised businesses to track tax, AI, financial services, tariffs and healthcare together, because a change in one can carry operational and financial consequences beyond the tax function.