Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) and Ranking Member Sander Levin (D-MI) issued the following statement upon release of the Joint Committee on Taxation (JCT) report on the Ways and Means Committee Tax Reform Working Groups. The report includes a summary of present law and suggestions for reform submitted to the 11 Tax Reform Working Groups.
“Over the past two-plus months the Joint Committee on Taxation has worked tirelessly alongside Ways and Means Committee Members of the 11 Tax Reform Working Groups. The release of today’s report reflects the hard work of Members and staff. This document provides an important and comprehensive overview of the tax code, an overview of some of the most commonly referenced previous tax reform proposals and summarizes the views of more than 1,300 submissions offered to the Ways and Means Committee by key stakeholders. The Committee will dig into its details over the coming weeks.”
Public comments were accepted through April 15, 2013. To view comments that were submitted click here.