Along with promises from many Republicans that they would take a vote on health care this week, they were also are looking to have the "Big Six" roll out their tax reform template at the same time for the final week of September. The "Big Six" is a small group of Trump aides and congressmen who have been drafting the administration's tax reform. Since the trump administration announced their tax reform plan, Republicans in Congress have been "talking up" the process, saying that they looking forward to implementing Trump's tax plan, which up until recently has resulted in nothing more than unanswered questions.

Agreeing to corporate tax rate

One of the details, however, has been with Trump's goal of reducing the corporate tax rate to 15 percent. According to a report by the Washington Post titled: "GOP eyes corporate tax rate of 20 percent, retreating from Trump's lofty goal", three people familiar with the negotiations revealed some of the details, saying that the Senate Budget Committee had finally reached a deal, agreeing to $1.5 trillion to the budget deficit over the next ten years. This, they say, would recover lost revenue under the Republican plan for lowering the tax rate plus other incentives.

The Washington Post report seems to make it appear that GOP lawmakers are breaking away from Trump's numbers.

But experts and analysts have claimed that the 15 percent goal put forward by Trump - while a goal - is not the realistic overall and could be considered a negotiating tactic. The current corporate tax rate is set to 35 percent and Republicans believe that by cutting the tax rate for corporations that there would be a "trickle down" effect down to employees and therefore, the tax payer.

Tax cuts for the rich, populist rhetoric for everyone else

In President Trump's recent speech about tax reform, it was opined that the details were still very vague and much of it was stuffed with populist rhetoric with little to no substance. Republicans confirmed that the plan was "fluid" as it takes shape. The article says that Grover Norquist -- a big name in conservative political circles -- has been involved with drafting the plan, but has reportedly not been briefed on the latest details along with some Republicans who spoke under anonymity.

Norquist is the president of Americans for Tax Reform said that the chosen corporate tax rate together with "five years of expensing" would help the GOP achieve their tax objectives. At the same time, Trump has also talked up his tax plan as making the U.S. more competitive with other countries such as China. But unless the details that are supposed to be released this week tell middle class Americans exactly how Trump's tax plan will help them, there are still no details.
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