Rep. Dave Camp (R., Mich.), chairman of the House Ways and Means Committee, wants to cut the top...

|By:, SA News Editor

Rep. Dave Camp (R., Mich.), chairman of the House Ways and Means Committee, wants to cut the top U.S. tax rate to 25% for individuals and corporations. Though it's unlikely the measure will be approved anytime soon, it helps set the agenda for what will likely be a multiyear debate over revamping the tax code.