HOUSE_OVERSIGHT_022386.jpg
2.4 MB
Extraction Summary
5
People
9
Organizations
3
Locations
5
Events
2
Relationships
2
Quotes
Document Information
Type:
Political/economic analysis report
File Size:
2.4 MB
Summary
This document, a page from a 2016 EY report on tax policy, analyzes and contrasts various US tax reform proposals from the 2016 election period. It details plans from Donald Trump and the House Republican 'Blueprint,' including proposed tax rates and a shift to a destination-basis system, while also noting Democratic preferences for a worldwide system. Despite the user's query, this document contains no information whatsoever related to Jeffrey Epstein or any associated individuals or events; its content is strictly focused on US and international tax policy.
People (5)
| Name | Role | Context |
|---|---|---|
| Trump | Presidential Candidate |
Proposed capping itemized deductions and other tax reforms as part of his economic proposals during the 2016 election...
|
| Dave Camp | Former Ways and Means Committee Chairman (R-MI) |
His Tax Reform Act of 2014 is mentioned as a reference point for the tax treatment of accumulated foreign earnings.
|
| Wyden | Senate Finance Committee Ranking Member |
Mentioned as backing a 'worldwide system' of taxation that includes the repeal of deferral.
|
| Warren | Senator |
Mentioned as consistently backing a 'worldwide system' of taxation that includes the repeal of deferral.
|
| Ryan | Speaker (of the House) |
Noted the differing viewpoints between Democrats and Republicans on tax reform in September (2016).
|
Organizations (9)
| Name | Type | Context |
|---|---|---|
| EY |
Appears to be the author/publisher of the report, as indicated by the logo in the footer.
|
|
| US Congress |
Mentioned in the context of enacting tax reform.
|
|
| European Commission |
Mentioned for its latest state aid decision that created tension with the US over taxing multinationals.
|
|
| EU (European Union) |
Mentioned in relation to its 'harmful tax competition directive' affecting US companies in Europe.
|
|
| OECD |
Organisation for Economic Co-operation and Development. Its BEPS (Base Erosion and Profit Shifting) project outline i...
|
|
| Ways and Means Committee |
A committee of the U.S. House of Representatives, formerly chaired by Dave Camp.
|
|
| House Republicans |
Authors of the 'Blueprint' on tax reform.
|
|
| Senate Finance Committee |
A committee of the U.S. Senate, where Wyden is the Ranking Member.
|
|
| Democrats |
Mentioned for their preference for a 'pure worldwide system' of taxation and repeal of deferral.
|
Timeline (5 events)
2016
2016
The European Commission made a state aid decision that created tension with the US over taxing multinationals.
Europe/US
Locations (3)
| Location | Context |
|---|---|
|
|
The primary subject of the tax reform discussion.
|
|
|
Mentioned in relation to the European Commission's state aid decisions and EU tax directives affecting US companies.
|
|
|
Indicated as the state represented by former Chairman Dave Camp (R-MI).
|
Relationships (2)
Democrats (Wyden, Warren)
→
Political Opposition on Policy
→
Republicans (Trump, House Republicans)
Democrats insist on a 'pure worldwide system' for taxation with repeal of deferral, contrasting with the 'destination-basis tax system' proposed in the House Republican Blueprint.
House Republican Blueprint
→
Policy Divergence
→
Dave Camp's Tax Reform Act of 2014
The Blueprint departs from the Camp bill by calling for a destination-basis tax system, whereas it shares the same treatment for accumulated foreign earnings.
Key Quotes (2)
"By lowering rates, streamlining deductions, and simplifying the process, we will add millions and millions of new jobs. In addition, because we have strongly capped deductions for the wealthy, and closed special interest loopholes, the tax relief will be concentrated on the working and middle class taxpayer.."Source
— Trump
(Highlighting the benefits of his proposed tax reforms.)
HOUSE_OVERSIGHT_022386.jpg
Quote #1
"This is a working and middle-class tax relief proposal."Source
— Trump
(Describing his tax reform plan.)
HOUSE_OVERSIGHT_022386.jpg
Quote #2
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein document