It's full steam ahead on tax reform, with no details

[Yo_Mama_Been_Loggin]

Despite facing September deadlines to increase the debt ceiling and pass a new federal budget, Republican congressional leaders have made it clear that tax reform will be their legislative priority when they return from their August recess.

Yet exactly what's in their plan remains unclear. And based on a joint White House-GOP statement — which outlines a philosophical approach to changing the U.S. tax code but includes no specifics — even lawmakers are unsure what they will begin debating next month with the goal of passing a bill before the end of the year.

"One big challenge they face is that there's no clear starting point," said Kyle Pomerleau, director of federal projects for the Tax Foundation.

Nevertheless, Republicans are in their home districts this month, charged with ginning up popular support for tax reform. Various activist groups are waging campaigns, too, in an effort to sway public opinion.

Part of the uncertainty arises from the differences between President Donald Trump's most recent wish list and last year's Republican blueprint for tax reform. There also are differences among Republicans themselves, and the potential for Democratic pushback is high if only wealthy Americans benefit from any proposed changes.

Additionally, the balance between corporate tax cuts and individual relief could prove trickier because the idea of a levy on imports — which would offset reduced revenue from corporate tax relief — has now been nixed, according to the GOP statement released last month.

http://www.msn.com/en-us/money/markets/its-full-steam-ahead-on-tax-reform-with-no-details/ar-AApIlcY?li=BBnbfcN&ocid=edgsp

[Orsino]

1. I've long thought that the entire ACA repeal "effort" was fake, and this pretty much proves it.

As much as the GOP would enjoy all the tax cuts, their base would still abandon the party of the resulting catastrophic loss of insurance coverage.

I still resent the long game of chicken they played, and just hope that voters everywhere are realizing that the GOP agenda is apack of lies.

They're the GOP. Tax cuts are what they're really all about, and they shoudln't stray from their only real unifying principle. There are plenty of ways they can steal the Treasury, and some of them will effectively gut OCare without triggering such massive outrage.

[Still In Wisconsin]

2. Same shit, different day.

They're going to flail away at this for weeks and months, and then nothing will happen because they have NO FUCKING PLAN and are totally incapable of governing. The teabagger-mainstream Republican alliance worked fine when all they had to do was say "no" to everything Obama proposed, but they can't do ANYTHING else.