The Shape of US Tax Reform
The Republican-controlled US House of Representatives has been preparing for years for an overhaul of how corporate profits and personal income are taxed. Now, with a Republican majority in the Senate and a Republican president in the White House, those detailed plans can provide the basis for legislative action.
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CAMBRIDGE – Major tax reform is high on the agenda for the United States in 2017. The Republican-controlled House of Representatives has been preparing for this for years, creating detailed plans for overhauling how corporate and personal income are taxed. Now, with a Republican majority in the Senate and a Republican president in the White House, those plans can provide the basis for legislative action.