This week’s drama over replacing Obamacare is prelude to a battle with even higher stakes for Republicans: overhauling taxes. The prospect of lower rates and a simpler tax code is one of the main reasons Donald Trump’s election last fall buoyed business confidence and stocks. Without it, Mr. Trump will be hard-pressed to deliver the economic growth he promised. Yet as with health care, Republicans have been unable to coalesce...

Source: Wall Street Journal March 08, 2017 17:37 UTC