On September 27, 2017, the Trump administration and Republican
leaders in Congress released their "Unified Framework for
Fixing our Broken Tax Code." This nine-page document is the
result of months of meetings on tax reform by the so-called Big
Six: Treasury Secretary Steve Mnuchin, National Economic Council
Director Gary Cohn, House Speaker Paul Ryan, Senate Majority Leader
Mitch McConnell, House Ways and Means Committee Chairman Kevin
Brady and Senate Finance Committee Chairman Orrin Hatch.
The goal of the framework is to move the tax reform process
forward, in particular to build support for a budget resolution
that will permit the House and Senate to pass tax reform
legislation by a simple majority vote. With that goal in mind, the
framework answers several important questions regarding tax reform,
but it leaves far more either unanswered or with too brief or too
vague of a description to evaluate.
