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Headline Roundup November 2nd, 2017

Tax Cuts and Jobs Act

Summary from the AllSides News Team

House Republicans, seeking the biggest change in the U.S. tax code in more than 30 years, aim to reduce the corporate tax rate from 35% to 20%, compress the number of individual income tax brackets, and repeal the taxes paid by large estates starting in 2024.

Featured Coverage of this Story

Republicans Stick With Big Corporate Tax Cuts in House Bill
Republicans Stick With Big Corporate Tax Cuts in House Bill

Wall Street Journal (News)

News

The Tax Cuts and Jobs Act seeks the biggest transformation of tax code in more than 30 years; leaves top individual tax rate at 39.6%

Open on Wall Street Journal (News)
Rep. Steve Scalise: Even those in high-tax states will see ‘a real tax cut’
Rep. Steve Scalise: Even those in high-tax states will see ‘a real tax cut’

Washington Times

News

House Majority Whip Steve Scalise said Thursday those in high-tax states will also be better off under the Republican plan.

Open on Washington Times
House Republicans set to (supposedly) roll out their slapped together plan to cut taxes for the rich
House Republicans set to (supposedly) roll out their slapped together plan to cut taxes for the rich

Daily Kos

News

House Republicans are set to "definitely" roll out their plan to cut taxes for the wealthy on Thursday. This is after the definite roll out for Wednesday was delayed because they’re still fighting over the details of this plan that’s been slapped together behind closed doors.

Open on Daily Kos

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