Washington Post: Lobbying Bonanza Begins Over Trump Tax Plan

News / In The News May 16, 2017

Credit: iStockPhoto 

A Washington Post Wonkblog article explored reactions to President Donald Trump’s release last month of a one-page blueprint for overhauling the federal tax code. Administration officials lauded the changes as “the start of a simpler tax system, one with lower rates for everyone but also with far fewer of the deductions, loopholes and carve-outs that make the current code so complicated,” noted the Post.

However, a plethora of industry groups including agriculture are turning to Congress for help defending current tax breaks. Pat Wolff, AFBF’s tax specialist, told the Post that a loose-knit group known as the “Tax Aggies” strategized and ultimately decided to draft a handful of letters outlining various priorities for members to use.

Share This Article

 

Unless Congress acts on legislation to promote fair competition between Main Street retailers and internet-only sellers, states will lose more than $211 billion in tax revenue over the next five years, according to new analysis released by the Marketplace Fairness Coalition.

Full Article
 

More than 30 organizations representing small business owners, their employees and the self-employed are urging a group of senators to include relief from the health insurance tax in their Affordable Care Act repeal and replace bill.

Full Article