GOP Plans Tax Code Overhaul

“Congressional Republicans are planning a massive overhaul of the nation’s tax system, a heavy political lift that could ultimately affect families at every income level and businesses of every size,” the AP reports.

“Their goal is to simplify a complicated tax code that rewards wealthy people with smart accountants, and corporations that can easily shift profits — and jobs — overseas. It won’t be easy. The last time it was done was 30 years ago.”