A University of Illinois tax policy expert says too many questions remain unanswered with the Trump administration tax reform plan.
Don Fullerton isn’t calling the plan good or bad. He says it’s just basically a one-page list of bullet points.
The last significant tax reform occurred in 1986, and although it intended to simplify the tax code, Fullerton says special interests got in the way.
Fullerton says just like lawmakers, he’s awaiting analysis on the Trump reform plan from the Congressional Budget Office and Treasury Department.