Trump Advisers Talk Tax Reform With Ryan

Speaker Paul Ryan (R-WI) huddled with advisers to President-elect Donald Trump this week to walk them through the GOP plan to overhaul the tax code. House leaders have said they want to put out a comprehensive tax reform package in the first 100 days of the Trump administration. Ways and Means Committee Chairman Kevin Brady… Read more »

Senate to Use Reconciliation for Tax Reform

Senate Republicans intend to pass tax reform legislation early next year through reconciliation, thereby bypassing the threat of any filibustering by Senate Democrats, according to Senate Majority Leader Mitch McConnell (R-KY). McConnell confirmed to reporters Dec. 12 that the Senate will pass two budget resolutions after President-Elect Trump is sworn in – one repealing Obamacare… Read more »

GOP Confident on Tax Reform in 2017

Seizing on momentum from their party’s electoral sweep last week, House Republicans are now confident that a dramatic, comprehensive overhaul of the tax code is a near certainty next year. “I’m here to tell you that tax reform is going to occur in 2017,” said House Ways and Means Committee Chairman Kevin Brady (R-TX) this… Read more »

Trump, GOP in Agreement on Tax Plan

Republican presidential nominee Donald Trump is getting on the same page as congressional Republicans when it comes to overhauling the tax code. In a speech at the Detroit Economic Club on Monday, Trump outlined a series of tax and economic reforms he supports, including a revised plan to lower individual and corporate tax rates and… Read more »

Trump Revising Tax Plan to Mirror GOP Blueprint

Donald Trump is planning to release a revised tax reform plan that costs significantly less than his initial draft and overlaps with the tax blueprint released by House Republicans in June. “These plans are going to be kissing cousins,” House Ways and Means Committee Chairman Kevin Brady (R-TX) told reporters this week. The GOP tax… Read more »