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Here's One Republican's Sweeping Plan To Overhaul America's Tax System

Brett LoGiuratoFeb 27, 2014, 00:18 IST

WikimediaDave Camp

Michigan Rep. Dave Camp, the Republican chair of the House Ways and Means Committee, introduced on Wednesday the draft discussion of a plan to overhaul the nation's tax code.

The proposal, though long-awaited, has virtually no chance of becoming law this year. Some of its provisions have Republicans, in particular, scurrying from the plan. Still, House Speaker John Boehner said that it was important to start the discussion.

Here's the plan, in full (all 979 pages of it), which we'll be combing through:

Statutory Text Tax Reform Act of 2014 Discussion Draft