Tax Reform No-Brainer Would Combine House & Senate Bills

Republican tax reformers seem to believe that their cap of $1.5 trillion in 10-year tax cuts is not enough to both substantially cut family taxes and overhaul the outdated business tax code. Nonsense. By combining the best parts of the House and Senate bills, and closing some additional tax loopholes, lawmakers could make available an additional $500 billion to expand the child tax credit to $2,000, extend the new $300 family flexibility credit and expand the earned income tax credit.