Eversheds Sutherland Tax Reform Law Blog
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Camp Tax Reform Bill Appears Unlikely in 2013 (and Possibly 2014)

It appears that House Ways and Means Committee chairman Dave Camp (R-Mich.) will not meet his self-imposed deadline of moving a tax reform bill through the Committee in 2013. Following Rep. Camp’s meeting last Thursday with Speaker of the House John Boehner (R-Ohio) and other top House Republican leaders, the prospect of Rep. Camp introducing a tax reform bill in 2013 appears unlikely...

Taxes and the Government Shutdown – Bipartisan Group Proposes to Repeal Medical Device Tax as a Compromise

A bipartisan group of House members is pushing for a repeal of the 2.3% medical device tax as a compromise to end the government shutdown.  Repeal of the medical device tax had previously been floated as a proposal to end the shutdown (see our prior post). A group of 20 lawmakers led by Representatives Charles Dent (R-Pa.) and Ron Kind (D-Wis.) sent a letter to House Speaker John...

Taxes and the Government Shutdown – Is Medical Device Tax Key to an Agreement?

A one-year delay of Obamacare is not the only provision House Republicans added to their bill to fund federal agencies into the next fiscal year – they also included a provision repealing a 2.3% tax on medical devices.  And House Speaker John Boehner’s (R-Ohio) office has already suggested that Republicans may be willing to drop the Obamacare delay if Democrats agreed to retain the...

Responses to Obama Corporate Tax Proposal Reflect Difficulty of Tax Reform

President Obama jumped into the tax reform debate, proposing to reduce corporate tax rates from 35% to 28% while at the same time reducing or eliminating certain (as-of-yet-unnamed) business deductions.  According to the President, the corporate tax reform plan will simplify corporate taxes and raise revenue, which will then be used to fund (also unnamed) job growth proposals. Senate...