How Would Federal Tax Reform Affect the States? Radical Changes Behind the Blueprint

Overview


Peter Faber wrote this bylined article on future federal tax changes that may impact state and local taxation. Republicans have not controlled both houses of Congress and the presidency for many years, so it has been possible for them to come up with tax reform ideas without having to put them into effect,” Mr. Faber wrote, but now “we are already seeing resistance beginning to develop to some concepts that sound nice in principle but may be difficult to apply in practice.”