Will we see any sort of tax reform passed this session? The House Finance Committee Chairman said he’s now had time to digest this week’s sweeping Senate Tax Reduction plan.
Vernon Criss, R-Wood, said he currently supports a proposed phased-in, 50 percent personal income tax reduction. But he also said, contrary to popular opinion, tax reform negotiations between the House, Senate and Executive Branch are underway.
“There has been an open communication between the leadership here in the house and a couple of the leaders in the Senate to be able to talk about what they want,” Criss said. “Once we get some definitions and dig down into trying to figure out what they have proposed, and we obviously have countered. As we all know, it’s a compromising situation in this business and that’s what we’ll have to do.”
