House lawmakers unveil 'Tax Reform 2.0' ahead of midterms
By Niv Elis - 09/10/18 05:31 PM EDT
House Ways and Means Committee Chairman Kevin Brady (R-Texas) on Monday unveiled a package of three bills touted as a sequel to the 2017 GOP tax law.
"Last year we said goodbye to America’s old, broken tax code," said Brady. "Under our new system, we’re seeing incredible job growth, bigger paychecks, and a tax code that works on behalf of families and American businesses. Now it’s the time to ensure we never let our tax code become so outdated again. We look forward to bringing these bills to the Committee soon.â€
The bills would make permanent some temoprary aspects of the 2017 law, which were passed with expiration dates to accomodate budget rules that allowed the GOP to pass the law with no Democratic support. It would also include provisions aimed at boosting retirement savings and small business innovation.
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http://thehill.com/policy/finance/405964-house-lawmakers-unveil-tax-reform-20-ahead-of-midterms