Analysis

Axing Deadwood Tax Regs Of Little Use To Businesses

Law360 (February 15, 2018, 7:29 PM EST) -- The Trump administration's deregulatory agenda may be marginally helped by the U.S. Department of the Treasury's latest proposal to get rid of nearly 300 obsolete tax regulations, but Treasury's exercise is more likely intended to help the government's public image than have any real impact on businesses.

Following two executive orders from President Donald Trump last year, for federal government agencies to identify rules deemed to pose undue financial burdens on taxpayers and to offset the cost of each new regulation issued by revoking two others, the Treasury published a list on Tuesday of 298 regulations it intends to blot out....

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