As reported by Software Finance and Tax Executives Council President Mark Nebergall, the legislative text of the tax reform bill recently filed by Senators Wyden (D-OR) and Coats (R-IN) is now available. The bill is entitled the “Bipartisan Tax Fairness and Simplification Act of 2011,” S. 727.
According to Nebergall, the bill will likley not be reported out of Committee, but will serve as a point of discussion in the tax reform debate