Republicans are arguably more prepared for a potential tax overhaul, which they have been formulating for years. Andrew Caballero-Reynolds/AFP/Getty Images hide caption toggle caption Andrew Caballero-Reynolds/AFP/Getty Images Politics Republicans Eye 'Once In A Generation' Chance At Tax Overhaul January 24, 2017 • House Ways and Means Committee Chairman Kevin Brady, R-Texas, discussed plans to revamp the federal tax code Tuesday morning, including a dramatic drop in corporate taxes and restructuring the IRS.
