Tax Cuts and Jobs Act

Headline Roundup November 2nd, 2017

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.

From the Center
1184
Tax Cuts

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%

Read full story
Some content from this outlet may be limited or behind a paywall.
From the Right
1184
Tax Cuts

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

Read full story
Some content from this outlet may be limited or behind a paywall.
From the Left
1184
Tax Cuts

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.

Read full story