Meadows Cites Thanksgiving Deadline for Tax Reform

House Freedom Caucus Chairman Mark Meadows, speaking at an Americans for Prosperity event, stated that “if [the tax reform bill] doesn’t get to the president’s desk by Thanksgiving… it isn’t going to happen.”  He explained that the timing is imperative in order to retroactively apply tax reform benefits to 2017 and to avoid the legislative slowdown often associated with midterm election years.  Meadows also called for a corporate tax rate somewhere in the teens and stated that he would support extending the budget window to allow for longer-lasting tax cuts.

Freedom Caucus chairman wants corporate tax rate in the teens

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