First Look at the Unified Framework

First Look at the Unified Framework

On September 27, 2017, the Trump Administration, the House Committee on Ways and Means, and the Senate
Committee on Finance released a long-awaited tax proposal, titled the Unified Framework for Fixing Our
Broken Tax Code (the Unified Framework).1 The Unified Framework proposes to repeal of the estate and
generation-skipping transfer taxes while also lowering rates for businesses and individuals.

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INSIGHT17-TaxCodeFramework