A Tale of Two Tax Bills: Comparing the House and Senate Reform Plans

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Last week, the House GOP released the first concrete details on how Republicans plan to update the federal tax code.

The Tax Cuts and Jobs Act provides tax relief to many Americans and has the potential to facilitate real economic growth through important business-tax reforms.

While the House proposal as a whole is certainly a step in the right direction, there are important ways to improve the House version of the Tax Cuts and Jobs Act to better meet the goals of pro-growth tax reform.

The recently released Senate bill improves on the House bill in many places and misses important opportunities elsewhere. …

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