U.S. Congressman Kevin Brady joining Joe Pags live to discuss the Tax Cuts and Jobs Act. CLICK HERE to listen to the November 14, 2017 interview.
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Chairman of the House Ways and Means Committee Kevin Brady, R-Texas, defended the GOP tax bill as providing "very strong tax relief" for the middle class — and dismissed criticism of the elimination of local and state deductions. In an interview on "The Joe Pags Show" on Newsmax TV on Tuesday, the Texas Republican praised the bill for simplifying the tax code so "95 percent of Americans will be able to file using the simple post-card-style system and won't have to itemize to get their tax cuts."...
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by Peter Ferrera As a former staffer for President Reagan, I know the complex difficulty of reforming the tax code. In 1986, Reagan and his team delivered the last major tax reform legislation. To achieve success today, President Trump and his allies will need the same wit, charm, and patience Reagan demonstrated. Thankfully, House Ways and Means Committee Chairman Kevin Brady (R-TX) is showing some of the smarts it takes to make tax reform a real possibility. On Thursday, faced with the hot pot...
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by Peter Roff Last week, Texas Republican Kevin Brady, using the power available to him as chairman of the House Committee on Ways and Means, introduced another of what's known as a "manager's amendment" to the tax reform bill. The changes that amendment made to the bill, which passed with ease, were both important and effective, making him perhaps the most influential House member since Jack Kemp on the subject of taxes. It is clear Chairman Brady had it in mind to mitigate controversy in order...
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Ways and Means Committee Chairman Kevin Brady told reporters Monday changes could be made to the House tax overhaul bill before it reaches the floor Thursday but they would not be substantive. “We don’t anticipate major changes,” Brady said of the possibility that Rules Committee would adopt an amendment to the bill when it meets Wednesday. “A lot of the work has been done.” Brady was optimistic that the tax overhaul bill would pass the House this week. “Leadership believes, is very confident th...
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Republicans in both the House and the Senate touted progress on tax reform Monday, as they moved toward passing different plans for cutting taxes with the hope of hashing out major differences down the road. In the House, Republican leaders projected confidence that they have the votes to pass the Tax Cuts and Jobs Act on Thursday, even with major questions still unanswered. “This vote is about moving tax reform to that next crucial step, and then as the Senate passes it out, their version out, ...
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By John Dougall and Howard Stephenson President Trump and congressional Republicans should be applauded for their efforts to reform the nation’s tax code. In particular, they should be given credit for tackling the problem of the corporate income tax. While we support a full elimination of the tax, lowering it to 20 percent is a huge step in the right direction for our nation’s economy. The United States has the fourth-highest corporate income tax in the industrialized world with a rate of 35 pe...
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By Scott Wong and Naomi Jagoda House Republicans are on the precipice of a big victory on tax reform, but the legislation still faces enormous hurdles before it can reach President Trump’s desk and be signed into law. Legislation is expected to receive a vote on the House floor this week after clearing the tax-writing Ways and Means Committee in a party-line vote with no GOP defections. At this point it would be a surprise if Republicans weren’t able to pass the bill through the House. The numbe...
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CLICK HERE to watch the video of Chairman Kevin Brady on FOX News Sunday. Transcript from FOX News. WALLACE: Now to the push by Republicans to pass tax reform. Both chambers take up separate proposals this week that have big differences, while the House appears on track to pass its version, the process is just beginning in the Senate. If the goal is to get on the same page and send a compromise to the president by Christmas. Joining me now from Texas, Congressman Kevin Brady, chair of the House...
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