A group of conservatives, led by a group formed by former Vice President Mike Pence, wrote to the top Republican on the powerful Ways and Means Committee on Monday urging him to slash the corporate tax rate and eliminate capital gains taxes on inflation.
Nearly 40 conservatives, most of whom lead think tanks and policy groups, wrote two separate letters to Rep. Jason Smith (R-Mo.), who will play a central role in crafting tax policy in the next Congress, where Republicans plan to extend tax cuts first signed into law by President-elect Trump in 2017. The leters were obtained first by The Hill.
“We thank you for your early and important work to extend the expiring portions of the Tax Cuts and Jobs Act of 2017 (TCJA). As part of this........