House Ways and Means Committee Chairman Kevin Brady (R-TX) on Tuesday detailed plans to simplify tax reporting while addressing members of ACG Houston.
Speaking at a luncheon where topics of discussion included issues related to middle-market private equity, Brady outlined the GOP’s plan known as A Better Way Forward on Tax Reform against the backdrop of the pending new administration in 2017.
“The goal of the tax plan is twofold: reform the IRS and make the tax code so simple and fair it can fit on a postcard,” said Brady, who is only the third Texan in Congressional history to lead the powerful Ways and Means Committee. The committee shapes policy on taxes, trade, health care, welfare, Social Security and Medicare.
J.B. Dollison, managing director of Crutchfield Capital Corporation and vice chairman of ACG Global, moderated the discussion with Brady, who solicited input from ACG members.
“Congressman Brady has been a champion of common-sense tax reform and we’re thrilled to welcome him to ACG to discuss these critical issues,” said Steve Tredennick, president of ACG Houston and partner with the law firm Paul Hastings. “This was an interesting opportunity to hear directly about the Ways and Means Committee’s agenda and we thank Chairman Brady for his remarks.”