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exboyfil

(17,862 posts)
2. He is including in Finance committee meeting where they
Fri Dec 29, 2017, 07:10 PM
Dec 2017

talked about tax policy. It is a ridiculous assertion. Major aspects of the bill were being written by lobbyists as it was hitting the floor after reconciliation.


Republicans are right that the Finance Committee has been working on major tax policy for years. They’ve had working groups and options papers and public hearings. They’ve been hearing from constituents and debating ideas.

“We have been discussing tax reform for years and the time for action is right now,” said Sen. Charles Grassley (R., Iowa).

But they also haven’t had a specific hearing or deep discussion of the proposal that Chairman Orrin Hatch (R., Utah) released last week. That proposal includes novel ideas on international taxation and pass-through businesses that haven’t gotten thorough attention.

“This isn’t a real debate,” said Sen. Ron Wyden (D., Ore.), pointing to the years of work that led up to the 1986 tax law. “This is an abandonment of Reagan-style tax reform.”

https://www.wsj.com/livecoverage/tax-bill-2017/card/1510607902

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