Susan Collins Announces Opposition to Tax Cuts for the Wealthy

Sen. Susan Collins (R-Maine) said Monday she hopes "very much to be able to support a tax reform package," but laid out some specific things she wants to see in the legislation. "I do not believe that the top rate should be lowered for individuals who are making more than $1 million a year," Collins told Bloomberg News. "I don't think there's any need to eliminate the estate tax." House Republicans are unveiling their tax bill on Wednesday, and the Senate bill, expected a week later, will be more tailored...

House Republicans are just one day away from unveiling their long-awaited tax plan, yet many key details remain in flux.