And Now, on to Tax Reform

[Haystack]

The one-party strategy that (knock on wood) doomed the Obamacare repeal may prove just as nonviable when Republicans move on to their next legislative priority, giving our money away to corporations.

Republicans need to do the math on tax reform prospects

• Budget reconciliation cannot increase the deficit, so any corporate tax break would have to be offset at someone’s expense. Small business owners—who lean Republican—are a likely target.
• Republicans need Democrats to fund the government and raise the debt ceiling, which expired last March.

[mindysan33]

Here’s hoping it’s as successful as their attempts at healthcare reform!

[Haystack]

White House Scaling Back Goals for Business Tax Cuts (Published 2017)

This is a weirdly-phrased paragraph, but I think it means that they still haven’t figured out how to pass it with budget reconciliation:

The constraints facing Republicans on tax reform were made plain on Tuesday when the House Budget Committee released a budget resolution outline that, if passed, would unlock the legislative tool that would let Republicans rewrite the tax code without the help of Democrats. The resolution requires that changes to the tax code do not add to the deficit.