House Ways and Means Chairman: We plan to lay out ‘comprehensive blueprint on where we want the tax code to go’


House Ways and Means Committee Chairman Kevin Brady during The Atlantic Summit Wednesday told Bloomberg View columnist Margaret Carlson that his committee is exploring numerous pro-growth tax plans to roll out by the close of 2016.

The Daily Caller has the scoop:

“What we expect to do is to lay out, later this summer, a comprehensive blueprint on where we want the tax code to go with a number of details,” [Brady] said. ” And also, sort of lay out how we can get there.”

The panel has seen a number of proposals varying from flat taxes, consumption taxes to cash-flow taxes in recent months.

Brady praised former Chairman Dave Camp, saying the groundwork the Michigan Republican laid out made tax reform inevitable.

We hope tax reform is inevitable – it’s high time Congress fix our broken tax system! Click here to help Tea Party Patriots urge lawmakers to implement a tax system that is simpler, flatter and fairer!