Camp Not Openly Opposing Extenders Missing in Tax Revamp Draft

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The door remains open for a number of extenders that weren't addressed in draft legislation to reshape the U.S. tax code, said House Ways and Means Committee Chairman Dave Camp (R-Mich.).
The list includes bonus depreciation that allows for accelerated expensing as well as the New Markets Tax Credit to spur development in low-income communities. Both are still in the mix, Camp said outside a series of votes and at an event hosted by the group Americans for Tax Reform April 10.
In other words, silence on these provisions in his tax overhaul proposal doesn't mean Camp opposes their continuation.

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