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U.S. House Speaker Ryan Confident in Passing Tax Reform in 2017

26 June 2017

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Proposed Changes

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United States

The Press Office of House Speaker Paul Ryan has published the text of his first major speech on tax reform, which was given at the National Association of Manufacturers 2017 Manufacturing Summit on 20 June 2017. According to Ryan, Congress is currently working with the Trump administration to turn Trump's tax reform principles into a transformational tax reform plan that includes: With respect to individual income tax: Eliminating the estate (death) tax and alternative minimum tax; Clearing out special interest carve outs and excessive deductions, and focusing on keeping those that make the most sense: home ownership, charitable giving, and...