Camp's "tax reform"

Understand the House GOP tax-reform proposal in four simple charts

BY ZACHARY GOLDFARB

Rep. Dave Camp (R-Mich.), chairman of the House Ways and Means Committee, is out with a widely anticipated proposal to overhaul the tax code. It's chock-full of changes to the personal and business tax codes, affecting a wide swath of the economy. Here are four charts, based on analyses by the bipartisan Joint Tax Committee, that explain the impact of the proposal on taxpayers and the economy.

1) Camp's proposal would consolidate today's seven tax brackets into three main brackets, while getting rid of many tax deductions and exemptions. The simpler tax scheme aims to ......

Read more here.  http://www.washingtonpost.com/blogs/wonkblog/wp/2014/02/26/understand-the-house-gop-tax-reform-proposal-in-four-simple-charts/