The complications behind tax reform and cutting widely used tax breaks

0
42

By 

Joe Manchin of West Virginia. Heidi Heitkamp of North Dakota. Joe Donnelly of Indiana. These three Democrats met President Trump for dinner last night, and the entree served was tax reform.

The president was looking for some common ground from the other party, but most Democrats have signed onto a set of preconditions before they talk taxes with the White House, while these three have not.

The Trump administration is signaling that to help pay for a corporate tax cut — from 35 percent down to 15 percent  — they may support limiting or taking away some widely used tax breaks, some of which would affect middle-class taxpayers.

Read the Full Article at www.marketplace.org >>>>

Comments Closed