Senator Hatch States that White House, Senate and House Republicans are in Agreement on 80% of Tax Reform Proposals
Senate Finance Committee Chairman Orrin Hatch spoke at Bloomberg Global Transfer Pricing Conference on June 7, stating that the White House, Senate and House Republicans are in agreement on roughly 80 percent of the key issues. The Senator reiterated his commitment to lowering tax rates and shifting to a territorial system but noted that the proposals were still in the planning stage and that nothing, including the House Republican’s Border Adjustment Tax proposal, was off the table. Senator Hatch also stated that while he didn’t believe revenue neutrality was a necessity for tax reform, he had to keep the budget hawks in his party in mind.
Read his prepared remarks here.