Finance Chairman Hatch requests ideas, feedback on tax reform

Finance Chairman Hatch requests ideas on tax reform

U.S. Senate Finance Committee Chairman Orrin Hatch (R-UT) today requested from tax stakeholders ideas, proposals, and feedback on improving the U.S. tax system.

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In a Finance Committee release, Chairman Hatch is seeking recommendations about how to:

  • Provide tax relief to middle-class individuals and families through reforms to the individual income tax system 
  • Strengthen businesses—both large and small—by lowering tax rates and broadening the relevant tax base in order to put the economy on a better growth path and create jobs
  • Remove impediments and disincentives for savings and investment that exist in the current tax system 
  • Update the U.S. international tax system in order to make the United States more competitive in the global economy and preserve the U.S. tax base

Submissions, which will be kept confidential, are due by July 17, 2017.

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