India, Nov. 3 -- US businesses are facing uncertainty about future tax rules as the country prepares for the November midterm elections. The election results could affect decisions on taxes, tariffs, government spending and business rules. Andrew Lautz, Senior Director of Federal Policy at the Tax Foundation, said in an exclusive interview with HT.com that US businesses are caught in a political fight between Democrats and Republicans over future tax rules as the midterm elections approach.

Businesses and investors are already dealing with high interest rates, rising prices, government debt and concerns about the economy.

One of the biggest questions ahead of the elections is whether Democrats will win control of the US House of Represe...