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Expert Analysis

The Republican Tax Plan Is Out, But Can They Pass It?

By Jeff Paravano and Paul Schmidt (November 3, 2017, 2:58 PM EDT) -- With the release last week by the House Ways and Means Committee of draft statutory text of the Tax Cuts and Jobs Act ("Chairman's Mark"), and with GOP majorities in both chambers of Congress proceeding under budget reconciliation rules, there is a possibility that Washington will pass before year-end the most comprehensive tax reform since 1986. The president has identified tax reform as a top priority, and many agree that tax reform is a "must do" given the dreadful state of the tax system....

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