Top GOP tax writer: 'Inevitable' tax reform will be bipartisan

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Washington Examiner:

Tax reform is inevitable but will be passed on a bipartisan basis, the Republican Party's top tax writer in the House said in an interview aired Tuesday.

 

Rep. Kevin Brady, the chairman of the Ways and Means Committee with jurisdiction over taxes, said in an interview with CNBC that tax reform is "inevitable" in the wake of his predecessor Dave Camp's effort to advance legislation lowering tax rates and broadening the tax base by eliminating loopholes.

 

And ultimately, he added, tax reform legislation would be passed on a bipartisan basis. "The major changes in American government almost always require buy-in from both parties," the Texan told CNBC's John Harwood.

 

Coming to agreement with Democrats on taxes would be difficult for Republicans, who have sketched out plans for bold supply-side tax cuts in recent months.