By Howard Gleckman - senior fellow in the Urban-Brookings Tax Policy Center at the Urban Institute
I’ve never seen anything quite like it: A presumptive presidential candidate proposes a major policy initiative and a month before he is due to be formally anointed at his convention, his own party’s House members roll out a dramatically different plan.
That, of course, is exactly what House Speaker Paul Ryan and his caucus just did to Donald Trump and his tax reform proposal.
While there are some similarities between the two blueprints—both would cut taxes primarily for business and high-income households—there are also major differences. The contrasts are so strong that it is hard to imagine how candidates sharing the same ticket can square them.