With so many buried and complicated tax rules, deductions for businesses and individuals, how is it possible for the Trump administration to think they will have tax reform in place by August 2017?  With no current tax reform bill in place at this time, what will Trump negotiate with Congress?  The President promised during is campaign to “slash the corporate tax rate from 35 percent to 15 percent, and lower the top individual rate from 39.6 to 33 percent with fewer brackets”.  Will Trump go for straight tax cuts and deductions hoping to lower rates, or will he attempt to tackle the full reform agenda?

Read/listen to Howard Kurtz’s take on Trump’s tax reform by visiting this Foxnews.com link:  Media Buzz Piece

 

Published by:  Fox News Politics: by Howard Kurtz April 19, 2017

 

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