22-06-2017 16:25 via yahoo.com

Leading U.S. House Republican rejects tax cuts without reform

The top Republican on tax policy in the House of Representatives rejected the possibility of cutting taxes without fundamental changes to the U.S. tax code on Thursday, as the main actors in the tax reform debate prepared to meet for a fourth time.With the window for tax reform narrowing, lobbyists and analysts say Congress could abandon comprehensive tax reform for simple tax cuts to reduce the U.S. corporate tax rate from 35 percent to 28 percent, well above the 15 percent advocated by Preside
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