Congressional Republicans are ramping up discussions on overhauling the U.S. tax code that a prominent Republican anti-tax advocate said on Wednesday will produce a bill by September with a hefty corporate tax cut.
Grover Norquist, head of the anti-tax Americans for Tax Reform and a lobbyist close to Republican leaders, said a “Big Six” group of Republican tax decision-makers was targeting the end of this month for producing a basic framework for a bill to be introduced in September.
“The House, the White House and the Senate have been meeting for a couple months. They’ll have a package in September,” said Norquist, a conservative tax and small-government activist who has met with Big Six members.
The group met on Wednesday evening and two members who emerged 45 minutes later said they were united on tax principles but offered no comment on whether they had agreed to a framework.
“We’re all on