President Obama outlines tax policy goals

President Obama on January 20, 2015, used his sixth State of the Union address to lay out his tax policy agenda to the new Republican-controlled 114th Congress. In a subsequent speech, Treasury Secretary Jack Lew reaffirmed the Administration's tax reform goals that were first outlined in a 2012 'framework' for business tax reform. Meanwhile, the Republican chairmen of the House Ways and Means Committee and the Senate Finance Committee have responded to the President's State of the Union address, and are laying out their own goals for tax reform.