House Republicans Release Tax Reform Plan: Ways and Means Committee Chair Brady Suggests Flex Rate Package

As reflected in Tax Notes Today for November 2, 2017, Ways and Means Committee Chair, Kevin Brady, R-Texas, stated that it may not be so easy for the House Republicans to get to a permanent 20% corporate tax rate which is a key, if not the centerpiece, provision of President Trump’s tax reform initiative, and that it may take several steps in the process to get there.