McAfee graduated from the University of Virginia in 1996 and went to work on tax-law, health care, and hedge-fund issues at different firms based on Wall Street and in Chicago.
She joined the Ways and Means Committee in 2006 as the Oversight Subcommittee staff director and was promoted earlier this year to chief tax counsel. McAfee, 42, is currently wearing both hats, but the plan is for someone else to fill the oversight role.
In the meantime she has spent countless hours focused on tax fraud and the ongoing investigation into IRS treatment of nonprofit groups.
Once a Republican proposal for tax reform comes out, McAfee will be analyzing its implications for Democrats, helping figure out what the Democratic priorities will be, and hashing out a plan of attack. Until then, she is helping Democrats become familiarized with the tax code, learning the ins and outs of how pet credits and deductions work, and determining what structures in the code they believe are key to protecting middle-class jobs and retirement savings.
This article appears in the October 24, 2013, edition of NJ Daily as Karen McAfee, Minority Chief Tax Counsel; Oversight Subcommittee Staff Director.