Tax Reform 2015 Updates
The American Taxpayer wants tax reform and we’ll publish updates on what is going on inside the Senate Committee on Finance. We’ll begin by looking at the newly formed bipartisan Tax Working Groups.
Each of the bipartisan groups will work directly with the nonpartisan Joint Committee on Taxation (JCT) to produce an in-depth analysis of options and potential legislative solutions within its assigned area, with the goal of having one final comprehensive report featuring recommendations from each of the five categories completed by the end of May. The report recommendations, which will be delivered to Chairman Hatch and Ranking Member Wyden, will serve as a foundation for the development of bipartisan tax reform legislation.
JANUARY 2015 : On January 15, five bipartisan groups were launched to analyze challenges of Tax Code, develop policy recommendations for comprehensive Tax Reform. The groups will analyze current tax law and examine policy trade-offs and available reform options within the group’s designated topic areas. Each group will be co-chaired by one Republican and one Democrat member. Continue reading