Chairman Brady issues official "Chairman's Mark" of the Tax Cuts and Jobs Act; House Ways and Means Committee passed the historic tax bill; Senate GOP tax plan released

House GOP Bill, H.R. 1 and Chairman's mark amendments of November 9, 2017

On November 2, 2017, the Republican GOP released a comprehensive tax reform plan which introduced a set of individual and corporate tax reforms that have received much attention and criticism from both sides of the aisle. Summaries of the proposed legislation were described in this forum in “House Republicans Release Tax Reform Plan: Ways And Means Committee Chair Brady Suggests Flex Rate Package” posted on November 2, 2017, and “Republican GOP Tax Bill Introduces Major Reforms To The Taxation Of U.S. Corporations Engaged In Business Operations Overseas: Introduction Of The Participation Exemption” posted on November 3, 2017.