Rep. Boustany Opposes Using International Tax Reform for Highways

A key Republican working on a plan to rewrite the international tax code, said he would oppose any efforts to use his plan to help finance a highway funding package, Politico reported.

Rep. Boustany, who is a member of the Ways and Means Committee, said international tax reform is not a real way to fix the chronically underfunded highway program and that tapping the international tax provisions defied the concept of a user fee for surface transportation.

Rep. Boustany’s statements came as a surprise as House Republicans previously have indicated that tax reform could be coupled with long-term highway bill.

House Ways and Means Committee Chairman Rep. Paul Ryan (R-Wisc.) has said that repatriation of corporate earnings held overseas would help to fix the Highway Trust Fund provided it was part of overall corporate tax reform. 

Tiffany Wlazlowski Neuman's photo

Tiffany Wlazlowski Neuman

Tiffany Wlazlowski Neuman develops and executes communications strategies to advance NATSO’s public relations and advocacy goals. Tiffany also develops and oversees partnerships related to the NATSO Foundation’s public outreach initiatives. Tiffany lives in the D.C. metro area with her husband and their two sons.More
Source:
Web-Only Content

Tell Us What You Think

Back to Tax Reform