White House tax reform may begin in late spring: Spicer | Reuters

President Donald Trump may begin his overhaul of the U.S. tax code as early as late spring, White House spokesman Sean Spicer has told Ireland’s Sunday Independent newspaper.

“We are going to have tax reform after we get healthcare completed… I think we are looking at late spring to summer,” Spicer told the newspaper in an interview during Irish Prime Minister Enda Kenny’s visit to Washington late last week.

Trump has vowed to deliver major tax cuts to the middle-class and the business community this year but deepening Republican divisions over a House Republican healthcare bill which has spawned concern that action on tax reform may be delayed.

In a survey released last week, only 16 percent of about 1,000 business, tax and financial executives polled by accounting and advisory firm KPMG said they expected to see tax reform in 2017.

(Reporting by Conor Humphries; editing by Jason Neely)

Source: White House tax reform may begin in late spring: Spicer | Reuters

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s