Winners and Losers Under the Camp Tax Plan

One of the reasons why members of Congress are reluctant to wade into the swamp of tax reform legislation is that any such proposal inevitably creates a lot of winners and losers. And, there is often little political benefit for the politician sponsoring the bill. “The losers are going to complain loudly, and the winners are diffuse aren’t going to celebrate too much,” said Jonathan Traub, managing principal of the tax policy group at Deloitte Tax.

ne of the reasons why members of Congress are reluctant to wade into the swamp of tax reform legislation is that any such proposal inevitably creates a lot of winners and losers. And, there is often little political benefit for the politician sponsoring the bill. “The losers are going to complain loudly, and the winners are diffuse aren’t going to celebrate too much,” said Jonathan Traub, managing principal of the tax policy group at Deloitte Tax. - See more at: http://www.thefiscaltimes.com/Articles/2014/02/28/Winners-and-Losers-Under-Camp-Tax-Plan#sthash.EG88vRLM.dpuf
Read Full Article »
Comment
Show commentsHide Comments

Related Articles

Market Overview
Search Stock Quotes
Partner Videos