Senate Republican tax chief wants dividend deduction in tax reform
Senator Orrin Hatch (R-UT), Chairman of the Senate Finance Committee, is seen during an interview on Capitol Hill in Washington, DC, U.S. July 31, 2017. REUTERS/Aaron P. Bernstein/ WASHINGTON (Reuters) - The U.S. Senate's top Republican on tax policy said on Tuesday that allowing U.S. corporations to deduct dividend payments to shareholders from federal income tax could overcome problems facing Republican efforts to overhaul the U.S. tax code. In a statement at the outset of a tax reform hearing, Senate Finance Committee Chairman Orrin ...
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