How the Senate’s baseline budget could make or break tax reform
By Romina Boccia, fiscal and economic expert at The Heritage Foundation, and Adam Michel, policy analyst at The Heritage Foundation.
Tax reform is one of the most important legislative priorities for Congress and the administration this fall. Good tax reform will unleash economic growth, creating greater opportunity and prosperity for all Americans.
One obscure choice by the Senate Budget Committee could make or break tax reform this year. The revenue baseline adopted in the Senate budget resolution will determine whether updating the tax code this year can provide tax relief for the American people. The Senate should choose the appropriate budget baseline to pave the way for pro-growth tax reform.
Originally appeared in The Hill. To read full article, click here.