Are Republicans Throwing in the Towel on Tax Reform?

... [I]n the modern era of divided government, tax reform is almost certainly going to be a bipartisan enterprise - or no enterprise at all.

Which makes it all the more illuminating that House Republicans have floated the idea of passing a tax reform bill without help from Democrats...

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... [A] single party bill certainly gets you closer to the legislative finish line than no bill at all.

But that's not saying much. A single party bill also demonstrates (yet again) that tax reform is going nowhere fast. If Democrats and Republicans on Ways and Means can't reach an agreement among themselves -- even after a protracted, honest, and genuine effort by panel chair Dave Camp to reach across the aisle -- then good luck finding compromise on the House floor (a.k.a. The Place Where Bipartisanship Goes To Die)...

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View Joe Thorndike's opinion in its entirety on the taxanalysts® Blog.

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