Democrats offer tax-revamp help – Arkansas News

Democrats offer tax-revamp help – Arkansas News

WASHINGTON — After the failure of Republicans to pass health care legislation on their own, Senate Democrats are seizing the chance to influence the potential overhaul of the tax code by calling on Republican leaders to work with them on a plan.

On Tuesday, 45 Senate Democrats sent a letter to President Donald Trump; to Mitch McConnell, the Senate majority leader; and to Sen. Orrin Hatch, the Republican chairman of the Senate Finance Committee, urging them to embrace a bipartisan approach on the effort.

The Democrats reached out days after Republicans failed to repeal the Patient Protection and Affordable Care Act. Members of both parties have said they are thinking about the Republicans’ ability to press ahead with their agenda while acting along strict partisan lines.

“We are confident that, by working together, we could modernize our tax system to increase working families’ wages, improve middle-class job growth, promote domestic investment, modernize our outdated business and international tax system and put in place sound fiscal policy,” the group wrote.

Sen. Charles Schumer of New York, the Senate minority leader, and Sen. Ron Wyden of Oregon, the ranking Democrat on the Senate Finance Committee, organized the drafting of the letter, which lays out their priorities. Three Democratic senators who are up for re-election next year — Joe Donnelly of Indiana, Joe Manchin of West Virginia and Heidi Heitkamp of North Dakota — did not sign the letter.

Despite the Democrats’ overture, the parties have starkly different ideas on how to change the tax code.

The Democrats are insisting that changes to tax laws not increase the tax…

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