Senate Releases Modification to the Chairman’s Mark of the Tax Cuts and Jobs Act
Posted on Nov 15, 2017 in News, Uncategorized
The Senate Finance Committee Chairman, Orrin Hatch, has released a modified version of the chairman’s mark for the Tax Cuts and Jobs Act. Read the full text here: Description of the Chairman’s Modification to the Chairman’s Mark of the Tax Cuts and Jobs Act.
Meadows Cites Thanksgiving Deadline for Tax Reform
Posted on Aug 4, 2017 in News
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...
Hatch Assigns Republican Committee Members to Specific Tax Reform Items
Senator Hatch, head of the Senate tax-writing panel, asked Republican members of the committee to provide input on specific tax areas: Senators Mike Enzi of Wyoming and Rob Portman of Ohio will focus on international business taxation; Senator Chuck Grassley of Iowa will focus on taxation of individuals; Senator John Thune of South Dakota will focus on business and estate taxes;...Senator Hatch Requests Comments from the Public on Tax Reform
Posted on Jun 16, 2017 in News
Senate Finance Committee Chairman Orrin Hatch has released a letter asking industry groups and other stakeholders for recommendations on tax reform. Comments must be submitted to taxreform2017@finance.senate.gov by July 17. Read more: GOP chairman seeks tax reform recommendations
Border Tax Adjustment Phase-In Not Popular with Senate Republicans
Posted on Jun 14, 2017 in News
House Ways and Means Committee Chairman Kevin Brady’s proposal to introduce the border adjustment tax (BAT) with a five-year phase-in has not been well received by Senate Republicans. Senate Finance Committee Chairman Orrin Hatch does not think there is enough time for the phase-in and Senator John Thune believes that a five-year phase-in will not make the BAT any more popular than it...