Marketplace®
Every story is an economic story

The GOP’s dream may become reality

Republican-led tax reform has best chance in years

Speaker of the House Paul Ryan addresses a news conference to introduce the House Republicans' tax reform proposal with House Ways and Means Committee Chairman Kevin Brady and House Majority Whip Steve Scalise in the Rayburn Room at the U.S. Capitol June 24, 2016 in Washington, DC. 
 
Speaker of the House Paul Ryan addresses a news conference to introduce the House Republicans' tax reform proposal with House Ways and Means Committee Chairman Kevin Brady and House Majority Whip Steve Scalise in the Rayburn Room at the U.S. Capitol June 24, 2016 in Washington, DC.   
Chip Somodevilla/Getty Images

This is it, Republicans’ best chance at reforming the tax code. For years, the GOP has tried to craft a comprehensive plan that would close loopholes, end many deductions and collapse income tax brackets down to just a few — not to mention cut tax rates for many. Now, with the incoming Trump presidency and control of both chambers of Congress, we take a closer look at the GOP’s plans.

Click the audio player for the full story. 

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    an hour ago
    25:22
  • Marketplace Morning Report
    9 hours ago
    7:09
  • Million Bazillion
    14 hours ago
    30:57
  • Marketplace Tech
    14 hours ago
    12:45
  • This Is Uncomfortable
    6 days ago
    28:44
  • Make Me Smart
    4 months ago
    24:33