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Yet it lacked the heart to defy lobbies which slip through the threadbare tax net.
Currently, about 45 percent of Ireland's work force is outside the tax net.
The finance minister is not without sympathy for those who have long evaded the tax net.
And the move will take an additional 250,000 low earners out of the tax net.
This will bring hundreds of thousands more people into the tax net.
As it turns out, though, many smaller fish would get caught in Mr. Baucus's tax net.
Similar(10)
Among the revisions being considered are: expanding the sales tax to include a variety of services, implementing a value-added tax (net-receipts tax), adopting a pollution surtax on carbon-based fuels, and modifying Proposition 13 to facilitate raising revenues.
More retailers are being drawn into the indirect-tax net.
Tax benefits helped its after-tax net income increase 57percentt.
Nine reported an after-tax net profit for 2016 of $120m ,down 7% on last year.
Two weeks later, Bank of America disclosed for the first time that Merrill had suffered an after-tax net loss of $15.31 billion.
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CEO of Professional Science Editing for Scientists @ prosciediting.com