Republicans are wrestling with how low to cut the corporate tax rate.
Republicans are looking for fast action on tax cuts after burning up President Trump’s first 200 days in office without any major legislative accomplishments.
As the summer continues to roll on, lawmakers in Washington have continued to heat up the discussion surrounding comprehensive tax reform. Members of Congress from both sides of the aisle, along with President Trump, have recently come out to voice their desire to move forward with overhauling a tax system that was last reformed three […]
Lawmakers started the year with high hopes of passing a health bill quickly and then turning to one of the GOP’s favorite legislative projects: a bill that would cut tax rates and simplify the tax code.
After their protracted failure to repeal Obamacare, congressional Republicans have indicated that taxes will be next on their agenda. It’s a misnomer to call their plans “tax reform,” though, because they have proposed little more than the same deep cuts for corporations and wealthy individuals that they’ve always wanted.
Pete Sepp and Adam Posen talked about efforts toward tax reform in the 115th Congress.
National Taxpayer’s Union senior fellow Mattie Duppler and Forbes Publisher Rich Karlgaard weigh in on the border adjustment tax scrapped from the GOP framework.
House Small Business Committee Chairman Steve Chabot (R-Ohio) said that it’s important for tax-reform discussions to consider how small-businesses operate.
“Clearly, no budget, no tax reform.” That comment made by House Ways and Means Chairman Kevin Brady on Thursday, and then again for good measure on Monday, is the primary selling point on which House Republican leaders are hoping to whip up enough support to pass their fiscal 2018 budget resolution. Yet that pitch has done little to appease the naysayers.
House Speaker Paul Ryan says there is a “contingency plan” to pass and pay for tax reform this fall – even if the congressional overhaul of Obamacare is unsuccessful.