Simply Tax® Bonus Episode – Back in 1986

Thoughtware Podcast Published: Nov 09, 2017
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Part of the Tax Reform Series

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We turn back the clock 31 years in a special bonus episode that looks at the last time tax reform revamped the Internal Revenue Code. Tune in as Bryan Slone shares valuable insight based on his time as Tax Counsel to a member of the U.S. House Ways and Means Committee in 1986.

Here’s a look at what’s inside our latest episode:

  • There are winners and losers in tax reform, and it’s really hard politically @ 3:34
  • Last time, it was bipartisan and took two years @ 6:03
  • It was a different time in 1986 @ 11:20
  • Last time was about a 28 percent individual rate; this time around, it’s a 20 percent corporate rate @ 16:11
  • The economic impact of tax reform @20:56

GUEST BIO: Bryan Slone has more than 30 years of governmental and private practice tax experience. Bryan previously served as Tax Counsel to a member of the U.S. House Ways and Means Committee during consideration of the 1986 Tax Reform Act, Assistant to the Commissioner (Legislative Liaison) of the IRS, co-founding partner of a Berlin-based law firm and tax partner and office managing partner in Nebraska at Deloitte. He also is a former Nebraska gubernatorial candidate.

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