This is a “K Street Lobbyist Special!” That rearranges deck chairs on the Titanic and provides neither simplicity nor clarity!
These Bozos have their fingers in so many money pies cooked by Special Interest Groups that by the time this “THING” becomes law, it will not be recognizable as tax reform!
These aforementioned Bozos, the CongressCritters, Senators and Evil Inside the Beltway Lobbyists (who MOST DEFINITELY DO NOT have the interest of the poor suffering American taxpayer ANYWHERE on their radar screen!) simply will add more thousands of pages to “The Code,” and will increase the opacity and complexity of “The Code” one or two orders of magnitude!
They will claim otherwise, but they are, of course, LYING!
Macbeth’s admonition comes to mind: “It is a tale told by an idiot, full of sound and fury, signifying nothing.”
This is what happened in 1986 when Congress attached so many ornaments to the tax reform bill that Ronald Reagan finally said, "Stop! We start over."