Camp Plans Draft Tax Code Revamp Amid Political Hurdles
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The top Republican tax writer in Congress will release a draft plan to revamp the U.S. tax code amid political odds that are stacked against him.
Representative Dave Camp, chairman of the House Ways and Means Committee, told Republican members of the panel in a letter yesterday that he plans to release his long-awaited proposal next week as he seeks to lower tax rates and broaden the tax base.