Taghouse ways and means

Tax Reform Pushing Ahead

By:  Amanda Wilson

Despite the political controversy swirling around the firing of James Comey and the appointment of a special prosecutor, the White House and Republicans are determined to push forward with tax reform.  Later this week, Treasury Secretary Steven Mnuchin will testify on Trump’s Budget Proposal before the House Ways and Means Committee, the committee drafting the House of Representatives tax reform bill.  The House Ways and Means Committee also held a hearing last week on “How Tax Reform Will Grow Our Economy and Create Jobs.”

House Expected to Tie Infrastructure and Tax Reform Together

Tax Help concept with hand pressing social icons on blue world map background.

By:  Amanda Wilson

In a July 2nd statement, the House Ways and Means Committee indicated that they intend to tie much needed highway funding to their goal of tax reform.  Particularly, corporate tax reform.  It is unclear whether the Republicans will be able to (or in the end, will want to) unite with President Obama to get this through Congress in the same way they did last month with the trade bill.  Stay tuned!

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