With a letter you have the opportunity to work through severaldrafts and get to a point of confidence that it is the best it can be and is devoid of major errors before you send it out.
The House Ways and Means Committee has released several discussion drafts on pieces of the tax reform puzzle and formed working groups so committee members can dive into the details of the code.
While the industry said it needed more time "to study" the proposals before it made a full response, its statement pointed out that early drafts of the royal charter contained "several deeply contentious issues which have not yet been resolved with the industry".