A Look At The Joint Committee On Taxation Who Are They And Why President-Elect Trump Will Need Them

The U.S. Joint Committee on Taxation is a commission of Congress established under the Internal Revenue Code. The Joint Committee is composed of members from the Senate Finance Committee and the House Ways and Means Committee. The responsibilities of the Joint Committee include: investigating the operation, effects, and administration of internal revenue taxes; investigating measures and methods for the simplification of taxes; make reports on the results of those investigations and studies and make recommendations and review any proposed refund or credit of taxes in excess of $2,000,000. According to a report by Reuters --President-elect Donald Trump's goal of overhauling the U.S. tax code in 2017 will depend partly on the work of an obscure congressional committee tasked with estimating how much future economic growth will result from tax cuts. To get more in depth information on the Joint Committee on Taxation and why President-elect Donald Trump will need them for his tax reforms click on the pictures below to read the articles.