Rep. Dave Camp's plan to overhaul the nation's tax code is facing a backlash from retirement groups urging legislators to recognize the overlap between tax policy and retirement security.
The Michigan Republican on Wednesday proposed restructuring the tax code to eliminate dozens of tax breaks to replace reductions in individual and corporate rates.
The 979-page plan from camp includes new limits on breaks for retirement savings, health insurance and mortgage interest.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
