The election of President Donald J. Trump, combined with Republican control of Congress, makes fundamental U.S. federal income tax reform more likely than at any time since the enactment of the Tax Reform Act of 1986. While the substance of any reform is uncertain, legislation may utilize elements from the House Republicans' "A Better Way" plan, released by House Speaker Paul Ryan (R-Wis) on June 24, 2016 ("House Blueprint"), and the tax plan proposed by President Trump on his website ("Trump Proposal").

Please click here to view table