Oh boy free reign to pursue full scale rewrite of the tax code could be good or bad!
check it out:
Congressional tax writers, left reeling after a string of setbacks to tax reform, say ratification of the budget pact could give them new momentum next year.
Senate Finance Chairman Max Baucus (D-Mont.) and House Ways and Means Chairman Dave Camp (R-Mich.) have seen their efforts stymied and criticized in recent months.
But the budget deal struck this week includes no new revenues from ending tax breaks, giving them free reign to pursue full-scale rewrite of the tax code.
“Provisions that were not part of the budget are going to be part of tax reform,” Baucus told The Hill this week. “Oh yeah, it very much helps.”