House Ways and Means Tax Policy Subcommittee Chairman Charles Boustany (R-LA) today announced that the subcommittee will hold a hearing next week on tax reform proposals.
According to the Ways and Means announcement, the March 22 subcommittee hearing will be the first in a series to consider proposals for tax reform, and this hearing will focus on legislative proposals presenting cash-flow and consumption-based approaches to taxation. The hearing advisory states:
Oral testimony at this hearing will be limited to Members of Congress who either have introduced or cosponsored legislation that presents an alternative to the current income-based approach to taxation.
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