The Office of Management and Budget this morning released an initial budget document for fiscal year (FY) 2017.
This initial budget document [PDF 3 MB] provides the budget message of the president, information on the president’s priorities, and summary tables. This document contains certain high-level observations about the tax proposals, including:
Read more about the FY 2017 budget on the White House website. Treasury will release a more detailed description of the tax provisions in the FY 2017 budget (the “Green Book”) early this afternoon.
Future releases will be provided as the full budget documents become available.
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