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Dave Camp
One small attempt at tax reform illustrates the challenges ahead
One small attempt at tax reform illustrates the challenges ahead

Both the White House and new Republican leaders have mentioned tax reform as an area of possible progress in the new Congress, but the short life and unhappy fate of one small provision the Obama administration proposed shows why that talk is unlikely to translate into action. President Obama's policy wonks took months to craft tax reform proposals that the president unveiled ahead of his State of the Union speech last week and plans to detail in his budget on Monday. It took just over a week for the White House to back away from one part of the plan, which would have taxed so-called Section 529 college savings plans. White House officials contend that the wealthy benefit most...

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