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COLUMN-Commentary: The tax reform that Republicans are missing [Reuters]

H&R Block, Inc. (HRB) 
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COLUMN-Commentary: The tax reform that Republicans are missing | Reuters Reuters Staff 6 Min Read (Bryce Covert is an independent journalist writing about the economy. The opinions expressed here are her own.) By Bryce Covert Oct 4 (Reuters) - Republicans in Congress and the White House haven’t been able to get any major legislation passed yet. But they’re betting they can pull it off with a bare-bones proposal for tax reform outlined last week, which they claim will help the middle class despite the evidence that it will overwhelmingly benefit the rich. Their plan to overhaul what they call a broken tax code leaves out many key details. But one point gets hammered home: Republicans say they want to make filing taxes easier. The first principle for President Trump’s tax plan, their outline states, is to “make the tax code simple, fair and easy to understand.” There are a dozen more references to simplification throughout the rest of the document. The Republican promise is that they wa Show less Read more
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