Pessimism abounds on Trump tax reform effort
Tax lobbyists and Wall Street rate the prospects of tax reform as very low.
One veteran tax lobbyist, a former member of the Senate Finance Committee staff, said the chances of a broad tax reform package similar to the 1986 rewrite of the code are “zero.”
Another K Street tax specialist put the odds at “less than one in four,” citing the lack of a detailed plan from the administration and the cluttered agenda.
The September schedule is packed, and includes measures to keep the government funded and raise the debt ceiling.
After September, Congress will need to deal with the appropriations process for 2018, among other issues that will cut into the energy that can be put into tax reform.
http://thehill.com/homenews/senate/349085-pessimism-abounds-on-trump-tax-reform-effort
Just breaks your heart doesn't it?
= new reply since forum marked as read
