Tax Reform Framework Release Expected in Coming Days

Top congressional Republicans and the White House are scheduled to release their framework for tax reform legislation some time  during the week of September 25.  Meanwhile, Ways and Means Republicans will discuss tax reform at a retreat on September 24 and 25.

Tax Reform Framework

“Ways and Means Republicans will meet on Sunday and Monday to discuss a wide range of tax reform policy issues,” a spokesperson for Chairman Kevin Brady, R-Tex., told Wolters Kluwer on September 22. The spokesperson also confirmed the framework’s release timeline but offered no specific date. Reportedly, the framework will contain specifics for individuals. However, there will be less detail for businesses, as House and Senate taxwriters continue to hammer out the details.

Intraparty Consensus Lacking

While concerns about a lack of intraparty consensus on tax reform remain, the Trump administration continues to reach out to key, moderate Democrats in order to gain bipartisan support for tax reform. Vice President Pence delivered a speech on tax reform on September 22 in Indiana, his and Sen. Joe Donnelly’s, D-Ind. home state. President Trump met with Sen. Donnelly last week at the White House to discuss tax reform. Donnelly is one of three Democratic senators who did not sign a letter  sent by the other 45 Senate Democrats outlining “prerequisites” for bipartisan tax reform.

“It is an honor to welcome the vice president back home to Indiana,” Donnelly said in a September 21 statement. “I believe that any reform effort should include policies that will create new jobs, protect existing jobs, and benefit middle class and working families. That is what I’ve discussed with President Trump, and I’m pleased he has been supportive of my proposals to prevent the outsourcing of jobs.”

By Jessica Jeane, Wolters Kluwer News Staff

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