Tax Reform 2.0 to be Marked Up This Thursday

According to its Chairman Kevin Brady, the House Ways and Means Committee will consider and mark-up “Tax Reform 2.0” legislation this Thursday. Released early last week, the Tax Reform 2.0 package consists of three bills to make permanent the individual tax cuts, pass-through provision under Section 199A and state and local tax (SALT) deduction cap added by the Tax Cuts and Jobs Act. The framework provides that the Tax Reform 2.0 is about “locking in tax cuts for middle-class families and small businesses, and changing the culture in Washington so we continuously improve our tax code and never again let America fall behind our global competitors.”

Read the Framework: House GOP Listening Session Framework
Read more: Ways and Means To Mark Up 2nd Tax Overhaul Package

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