If you live in a high-tax state with soaring property values, you may. Specifically, the framework says that a second round of tax reform “is about locking in these tax cuts for middle-class families and small businesses. Currently, tax cuts for corporations are permanent, while those for individuals will expire - a plan which was introduced in the Senate version of the bill.
The House GOP aims to vote on the proposal this month. WASHINGTON (Reuters) - Republicans in the U. House Republicans roll out election-year tax cut plan. House of Representatives unveiled an election-year tax plan on Tuesday that is unlikely to become law but could energize party voters this autumn by promising permanent tax cuts for individuals and most business owners. Increase the after- tax take- home pay of middle-class Americans by . Republicans have had a hard time getting their tax -cut message to resonate over the past year.
House Ways and Committee Chairman Kevin Brady rolled out a new tax reform package just ahead of the midterms.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.