Trump’s Tax Reform Plan Faces Tough Challenges

Capitol Hill Republicans have greeted President Trump’s tax reform outline with a mix of lukewarm praise and restrained concern, suggesting that one of the administration’s signature agenda items is no slam dunk.

The tepid response doesn’t necessarily doom the proposal, which is extremely light on details. But it does mean that the White House has plenty of work ahead selling – and likely rewriting – the plan in order to win over enough Republican votes.

(Continues ...)

Log in to see the rest of this article and the discussion

Kiplinger Alerts is a subscription-based e-mail and online alert service that helps you make more profitable decisions for your business and investments. You get reliable intelligence and forecasts on more than a dozen factors that affect the economy and are critical to your business and financial success.

Already a subscriber?

Login now

Not yet a subscriber?

Enjoy it free for 30 days