If you had told me Camp's plan was a compromise proposal from the White House I'd believe it. It's not nearly as bad as I expected, although obviously it rewards the super rich and picks favorites amongst manufacturers (ie oil companies). Seems too liberal for the House, at least to me. Increases the child tax credit, standard deduction...not bad. I want to see manufacturing get the 25% rate across the board, not just oil and farming companies.
The glaring thing is the elimination of the deduction for state and local taxes, which would hit big states like NY, Cali, and NJ. I wouldn't mind seeing some type of compromise that keeps the deduction but lowers it, effectively raising taxes for residents of those states.
BTW anyone else tiring of TPM's recent lurch to liberal click bait territory? When I saw the tax proposal I thought "welp, Cali and NY are fucked." TPM's headline? GOP's New Plan Hikes Taxes On Americans In Blue States. Two blue states.