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Boehner’s “New Revenue” | Taxation Brief

Boehner’s “New Revenue”

Well, that didn’t take long regarding tax reform after the election.

John Boehner:

We’re willing to accept new revenue under the right conditions.

Pray tell, what does “new revenue” mean?  Raising tax rates? Limiting deductions? Boehner previously said that raising rates isn’t an option, so it may well be limiting deductions.