
House Tax Reform Hearing Scheduled
May 17, 2017 12:02 pmTomorrow, the House Ways and Means Committee will hold a hearing on tax reform policies that aim to generate economic growth.
Tomorrow, the House Ways and Means Committee will hold a hearing on tax reform policies that aim to generate economic growth.
Recently, Republican presidential nominee Donald Trump released a recalibrated tax plan with still unclear language regarding pass-through entities.
Last week, Republican Sens. Marco Rubio (Fla.) and Mike Lee (Utah) released a detailed plan to overhaul the existing tax code which focuses largely on the business portion of the code.
While the incoming Republican Congress is likely to make tax reform a priority--the lame duck session has a lengthy to-do list when it comes to spending and taxes.
The House and Senate tax writing heads, Rep. Dave Camp (R-Mich.) and Sen. Max Baucus (D-Mont.) have been busy with Camp suggesting a potential delay into 2014 for his reform proposal and Baucus releasing a discussion draft on international tax reform.
Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Orrin Hatch (R-Utah) issued a “Dear Colleague” letter to all Senators setting forth next steps on broad tax reform, outlining their plan to start with a so-called "blank slate."
Although tax policy was a dominant topic during the first presidential debate on Oct. 3, and resurfaced again prominently in last...