U.S. Representative Kevin Brady (R-TX), chairman of the House Ways and Means Committee, sits for an interview about upcoming tax legislation proposals with Reuters journalists in Washington, U.S. July 19, 2017. REUTERS/Jonathan Ernst
WASHINGTON (Reuters) - Republicans will consider using planned tax reform to eliminate one of the biggest taxes in Obamacare, if the Senate fails to overturn the healthcare law, a senior Republican in the U.S. House of Representatives said on Wednesday.
Kevin Brady, the top Republican on tax policy in the House as chairman of the Ways and Means Committee, said Republicans will look at the 3.8 percent Net Investment Income Tax in discussions aimed at unveiling a tax reform plan in September. The levy is a weight on economic growth, he said in an interview with Reuters.
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