What does the change in majority party in the Senate for the 114th Congress mean for tax reform, and perhaps for any tax legislation?
An op ed in the Wall Street Journal on November 5, 2014 by Congressman Boehner and Senator McConnell, states that the Republican controlled Congress will address many challenges including “The insanely complex tax code that is driving American jobs overseas.”
What might that mean? A few possibilities:
Nothing. Complexity is not a bi-partisan issue. There is no contrary argument to the statement that our federal tax law is too complex. So, why hasn’t the complexity been Read more