Conservatives urge Ways and Means GOP to cut corporate rate, capital gains tax

A group of conservatives, led by a group formed by former Vice President Mike Pence, wrote to the top Republican on the powerful House Ways and Means Committee on Monday urging him to slash the corporate tax rate and eliminate capital gains taxes on inflation.

Nearly 40 conservatives, most of whom lead think tanks and policy groups, wrote two letters to Rep. Jason Smith (R-Mo.), who will play a central role in crafting tax policy in the next Congress, where Republicans plan to extend...