Economy

Republicans take the plunge on tax reform

By Joseph Lawler
Published October 2, 2017 4:01am ET
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Republicans take the plunge on tax reform
Doling out tax cuts is the pleasant part. The problem is the other side of the equation: Offsetting the cuts by eliminating tax breaks and loopholes. (Illustration by Al Goodwyn for the Washington Examiner)

President Trump and Republican leaders could have lowered their ambitions for tax reform. After debating options for nine months without much visible progress, they might have decided to avoid aggressive tax rate cuts, or settled for a narrow bill focused on mollifying big businesses’ most pressing demands.

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Tag:

Congress Finance Gary Cohn John McCain Joseph Lawler Kevin Brady Lisa Murkowski Mark Meadows Mitch McConnell Pat Roberts Pat Toomey Paul Ryan Peter King Peter Roskam Ron Wyden Scott DesJarlais Senate Steven Mnuchin Susan Collins Tax Reform Taxes Treasury Department