Editors' pick: Originally published Nov. 17.
It's got just as good a shot as anyone else at getting it right, because as we all know, what's said on the election trail often is different than the post-inaugural reality. But now that Trump's inauguration has taken place and we start to confront which of his tax ideas will be implemented, it behooves us to consider what's ahead for us on that front.
And we may actually see tax reform this year: the GOP needs to prove that there really is strength in numbers and that the party actually can get something done, especially since the 2018 Congressional elections will come quickly and the balance of power may change.
It's a good clue, mainly because it is revenue neutral, compared to Trump's. Although Ryan and his cronies created a plan based on the notion that the money saved in taxes will go back into the economy, we know that's often a crap shoot. (Just ask the Kansas Governor Sam Brownback how his tax cuts turned out.)
Still, "Ryan's plan is more thought-out and has the support of the Ways and Means Committee," notes Mark Luscombe, principal analyst at Wolters Kluwer, a tax and accounting services company. It also offers a 14-line tax return for many taxpayers.