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Pessimism abounds on Trump tax reform effort
The Hill: Tax lobbyists and Wall Street rate the prospects of tax reform as very low.
One veteran tax lobbyist, a former member of the Senate Finance Committee staff, said the chances of a broad tax reform package similar to the 1986 rewrite of the code are “zero.”
Another K Street tax specialist put the odds at “less than one in four,” citing the lack of a detailed plan from the administration and the cluttered agenda.
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