Dave Camp to Unveil Tax Code Overhaul, Despite Long Odds

02/20/2014

Roll Call

Emma Dumain

House Ways and Means Chairman Dave Camp appears determined to take one last stab at making good on his promise to pass an overhaul of the nation’s tax code by the end of the 113th Congress.

On Wednesday, the Michigan Republican told GOP members of the committee that he would, next week, release a “comprehensive discussion draft” of a tax code rewrite, one that would make the tax code “simpler and fairer for families and employers, and … strengthen our economy — meaning higher wages and more take home pay for the American worker.”

“It is time to make a choice,” said Camp in his email to colleagues, obtained by CQ Roll Call. “We can choose to have a real discussion about what tax reform can mean for American families and employers or we can choose to cower to special interests and maintain the status quo. Clearly, I choose the former.”

Though Camp’s decision to unveil his draft legislation marks a turning point for proponents of overhauling the tax code on both sides of the aisle, the political odds remain stacked against him.

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Read more here.  http://www.friendsoftheuschamber.com/article/dave-camp-to-unveil-tax-code-overhaul-despite-long-odds#sthash.mIc7kkA1.dpuf

http://www.accountingtoday.com/news/Ways-Means-Chairman-Camp-Plans-Draft-Tax-Revamp-69655-1.html

Also see:  http://www.newsmax.com/US/Dave-Camp-taxes-House-Ways-and-Means-Committee/2014/02/20/id/553724

http://www.newsmax.com/Newsfront/tax-overhaul-delay-Camp/2013/11/14/id/536628

http://www.newsmax.com/Politics/camp-tax-reform-priority/2013/02/26/id/492165

http://www.newsmax.com/rahn/tax-reform-economic-growth/2013/07/16/id/515302

http://tax.house.gov/