GOP's Biggest Ideas for Tax Reform Are Dead

[DonViejo]

May 29, 2017 By Taegan Goddard

“The boldest ideas for changing the nation’s tax code are either dead or on political life support, as the Republican effort in Congress to reshape the tax system moves much more slowly than lawmakers and their allies in business had hoped,” the Wall Street Journal reports.

“The clear winner, so far, is the status quo.”

“Republicans, who control both chambers, are scouring the tax code, searching for ways to offset the deep rate cuts they desire. But their proposals for border adjustment—which would tax imports—and for ending the business interest deduction and making major changes to individual tax breaks for health and retirement have all hit resistance within the party. The only big revenue-raising provision with anything close to Republican consensus is repealing the deduction for state and local taxes, and that idea faces objections from blue-state lawmakers in the party.”

###

https://politicalwire.com/2017/05/29/gops-biggest-ideas-tax-reform-dead/

[Gothmog]

1. Yeah

[maxrandb]

2. I've got an idea for a Tax Reform that may resonate with the American people and give them a vistory

Return the top tax bracket to pre RAY-Gun era rates

[Wounded Bear]

4. Hell, I'd settle for Clinton era rates...

[safeinOhio]

3. New secularism breaks out within GOP

Some are rejecting the Gospel according to John Galt.

[Johnny2X2X]

5. Clueless

They are absolutely clueless. Tax reform should have been a slam dunk for them and if Trump had targeted it rather than Obamacare they should have been able to pass something his first week in office. 4 months in and he is an extremely weak and damaged President and he won't be able to get anything through.

[Johonny]

6. repealing the deduction for state and local taxes would turn Orange County blue

...