Observers Debate Whether Boehner's Ideas for Tax Reform Signals Shift

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House Speaker Boehner's comments that advancing corporate tax reform alone is possible this Congress has observers debating whether he has signaled a shift in strategy for tax reform. House Ways and Means Chairman Camp has insisted that both corporate and individual income tax reform should move together, and House Majority Leader Cantor tells reporters that he, too, sees that as the way forward. Boehner, however, tells the Economic Club of New York that he does not think it has to be considered with individual tax reform. But such a reform will drive a need to deal with “passthrough entities,” like partnerships or limited liability companies, in a way “closely associated” with corporate reform, he says. A Boehner aide notes that the view is that corporate tax reform will lead to individual tax reform.

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