Tax reform remains hanging in the balance as U.S. Senators are considering an overhaul that Republicans say will give an average family of four an additional 14-hundred dollars in annual income. The bill passed the Senate Budget Committee Tuesday 12-to-11 and heads to the Senate floor. Senator John Kennedy cites three benefits.
The debate has gone on for several weeks as both sides of the aisle pour over proposals to make the tax code less confusing and bring benefits to corporations. Kennedy says sufficient time has passed for consideration of the bill and it’s time to get things done.
Kennedy says he supports a tax reform plan that will mean less money for government and more for taxpayers.