Future of U.S. tax reform is uncertain

07/25/2013 | Politico (Washington, D.C.)

Despite a Friday deadline for lawmakers to propose which tax breaks should remain before a proposal for revamping the tax code is developed, some senators remain skeptical that a tax-reform bill will be taken up at all. While Senate Finance Committee Chairman Max Baucus, D-Mont., wants a bill considered in the fall, Sen. Orrin Hatch, R-Utah, is less optimistic and doesn't think it will ultimately happen.

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Politico (Washington, D.C.)

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