The "candy option" for tax reform

As full-blown tax reform looks more and more like an unreachable stretch, there’s increasing conversation on the Hill about what’s being called a “candy option” — all the goodies, with none of the pain.

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That would mean lower personal and corporate rates, plus some limited repatriation, funded largely by deficit spending.

The case for: “It’s something they can pass,” said a Republican lobbyist who’s deeply connected to all sides of the debate. “We need to junk our current tax code for one more suited to the modern economy. But the ability to accomplish that goal just isn’t there.”

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