The healthcare debacle raised the stakes dramatically for the White House and the Congressional Republicans to enact into law a big, bold tax reform plan – which means that tax reform has turned into a must-win situation for them. The Congressional Republicans, who look forward nervously to the 2018 midterm elections where every member of the House and one third of senators face the electorate, believe they need to show that they can accomplish at least one of the big things they promised. This issue is so important to President Trump that he has begun to travel the country holding campaign-style rallies to promote overhauling the ‘broken’ tax code. There are, however, many obstacles which lie in the path of achieving their joint goal.
The healthcare debacle raised the stakes dramatically for the White House and the Congressional Republicans to enact into law a big, bold tax reform plan – which means that tax reform has turned into a must-win situation for them. The Congressional Republicans, who look forward nervously to the 2018 midterm elections where every member of the House and one third of senators face the electorate, believe they need to show that they can accomplish at least one of the big things they promised. This issue is so important to President Trump that he has begun to travel the country holding campaign-style rallies to promote overhauling the ‘broken’ tax code. There are, however, many obstacles which lie in the path of achieving their joint goal.