The Republican tax plan is still more talk than action

The following article by Lisa Mascaro and Jim Puzzanghera was posted on the Los Angeles Times website September 21, 2017:

President Trump meets at the White House with a bipartisan group of lawmakers about tax reform. (Shawn Thew/EPA-EFE/REX/Shutterstock)

They have a blueprint and principles. They’ve held countless strategy sessions for what could be the biggest tax overhaul in decades.

They even produced a handy desk calendar with daily inspirational messages and helpful tax statistics to drive home the need for reform.

All Republicans need now is an actual plan.

Despite months of promises and what Senate Majority Leader Mitch McConnell calls a “once-in-a-lifetime opportunity,” the GOP-led Congress and White House have yet to agree on how to revamp the tax code, including how much to reduce corporate and individual tax rates, how tax cuts would be paid for or whether they will be offset at all. Continue reading “The Republican tax plan is still more talk than action”