On July 14th, the IRS held a public hearing for the debt-equity rule (section 385 of the IRS code) that the Treasury Department proposed last April. The hearing, which had as many as 16 speakers from various industries,...
- USA Today quotes Will McBride on Mitt Romney's Tax P...
USA Today quotes Will McBride on Mitt Romney's Tax Plan
Details of Romney's economic plan keep evolving
By Jackie Kucinich, USA TODAY
April 30, 2012
Will McBride, an economist at the Tax Foundation, said other presidential candidates have changed their plans and included more specifics as time went on, but it is unclear how much the Romney plan will change as the campaign wears on.
"Thus far, Romney's tax plans have been on the timid side, and it remains to be seen if he will move more toward fundamental reform or continue tinkering around the edges of the tax code," McBride said.
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