Prison » GOP tax bill shrouded in secrecy

October 28, 2017

Rank-and-file House Republicans are increasingly alarmed by the secrecy shrouding the massive tax bill their party leaders plan to ram through Congress next month.

Just days ahead of the legislation’s release, GOP members of the House Ways and Means Committee are still in the dark on numerous details being ironed out by the powerful tax-writing committee’s chairman, Kevin Brady (R-Texas), and his staff. And they’re blaming the panel’s top-down approach for the uncertainty.

“There are a lot of open issues,” said Rep. Jim Renacci (R-Ohio), echoing comments made by several of his colleagues on the committee.

Heading into the weekend, question marks remained on at least two high-profile proposals to offset the cost of slashing individual and business tax rates: curbing federal deductions for state and local taxes and business interest as well as potential changes to taxing retirement savings.

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This article was posted: Sunday, October 29, 2017 at 6:41 am

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