WMAL Interview - GROVER NORQUIST - 04.21.17

INTERVIEW – GROVER NORQUIST – President, Americans for Tax Reform

MNUCHIN CHANGING HIS TUNE ON TAX REFORM: The Trump administration is close to bringing forward “major tax reform,” Treasury Secretary Steven Mnuchin said Thursday, after he previously tempered expectations for how quickly it will pass. Mnuchin, who this week backed off of his earlier goal of passing tax reform by August, said the White House will unveil a plan “very soon.” However, the Trump administration previously set deadlines for releasing its tax plan that it did not meet.
Trump eyes cap on charitable deductions. The Trump administration is taking a serious look at capping tax deductions for charitable contributions, according to a source familiar with the discussions. Treasury Secretary Steven Mnuchin and Trump’s other senior advisers are mulling their next steps on tax reform, and the proposal to limit deductions for charitable giving hasn’t yet gained widespread acceptance, two officials said.