United States: Pass-Through Groups Push Back Against Corporate-Only Reform
Senate Finance Committee Chair Orrin Hatch, R-Utah, and House Ways and Means Committee Chair Paul Ryan, R-Wis., continued to advance the idea of corporate-only tax reform last week, but received resistance from groups representing pass-throughs.
For several weeks, Ryan and Hatch appeared to be abandoning efforts to pass a comprehensive tax reform bill that would lower both corporate and individual rates. The growing momentum for corporate-only reform has threatened many pass-throughs, whose business income is […]