Fearing voter wrath, GOP lawmakers fight to save popular tax breaks

[mystery-ak]

Fearing voter wrath, GOP lawmakers fight to save popular tax breaks
by Susan Ferrechio | Nov 8, 2017, 12:01 AM

House Republican lawmakers this week were working to reshape their party’s tax reform plan to reduce the pain of ending some of the most popular tax deductions before a planned vote on the bill next week.

House Ways and Means Committee Chairman Kevin Brady, R-Texas, is “listening” to Republican lawmakers who are asking for a wide variety of changes, but he has told lawmakers that any move to save a deduction from elimination must be paid for somehow in the bill.

The measure is expected to pass out of the Ways and Means panel Thursday. Majority Leader Kevin McCarthy, R-Calif., announced the House will vote on the bill next week.

more
http://www.washingtonexaminer.com/fearing-voter-wrath-gop-lawmakers-fight-to-save-popular-tax-breaks/article/2639958

[Night Hides Not]

Fearing voter wrath, GOP lawmakers fight to save popular tax breaks
by Susan Ferrechio | Nov 8, 2017, 12:01 AM

House Republican lawmakers this week were working to reshape their party’s tax reform plan to reduce the pain of ending some of the most popular tax deductions before a planned vote on the bill next week.

House Ways and Means Committee Chairman Kevin Brady, R-Texas, is “listening” to Republican lawmakers who are asking for a wide variety of changes, but he has told lawmakers that any move to save a deduction from elimination must be paid for somehow in the bill.

The measure is expected to pass out of the Ways and Means panel Thursday. Majority Leader Kevin McCarthy, R-Calif., announced the House will vote on the bill next week.

more
http://www.washingtonexaminer.com/fearing-voter-wrath-gop-lawmakers-fight-to-save-popular-tax-breaks/article/2639958

The Pubbies hate this, they're so beholden to the Chamber of Commerce and K Street.

[dfwgator]

The Pubbies hate this, they're so beholden to the Chamber of Commerce and K Street.

Which is why they are going down.

[Night Hides Not]

Which is why they are going down.

We all know the philosophical underpinnings of conservative positions on taxes, but only a few legislators give it more than a wink and a nod.

For years I won debates on tax policy among liberal alumni. It got to be so one sided, that when a newbie posted, I'd be pinged with a post, "NHN has been alerted, and will respond in 3...2...1... Be prepared to be blown out of the water."

Now, I just don't care, not with Ryan and McConnell in charge.

OTOH, to me the answer is simple: raise the standard deduction high enough that 95% of filers financially benefit vs. itemizing deductions for SALT and other deductions.