Legislation for Phase 2 of Tax Reform Expected in August
House Ways and Means Committee Chair Kevin Brady indicated that Republicans hope to have a proposal for healthcare and additional tax changes by August. While the contents of the bill remain uncertain, potential topics include: permanent individual income tax provisions, retirement savings, the treatment of capital gains, and employer incentives for helping to pay back student loan debt. However, it is unclear as to whether the bill would also contain technical corrections.
Read More: Brady Pushing for Phase 2 Tax Bill and Healthcare Details by August