Marc Gerson Comments on Tax Reform Revenue Raisers in Bloomberg BNA
"Paying for Tax Cuts: Raiding the Camp Draft Revenue Raisers"
Marc Gerson, former Republican Tax Counsel for the House Committee on Ways and Means, commented on tax reform revenue raisers. In July, lawmakers rejected the idea of a border adjustment tax on imports, which was projected to raise more than $1 trillion over a decade. With that out, lawmakers are now looking at including many smaller offsets to make up the difference, which could affect a wider swath of industries, said Gerson, who is now Chair of Miller & Chevalier.