Tax Bill Delayed As GOP Divisions On Eliminating Tax Breaks Persist
House Republicans announced late Tuesday that they would delay by one day the release of their long-awaited tax cut bill that GOP leaders have promised will be the most extensive overhaul of the tax code in a generation, as members clashed over curtailing popular tax breaks to pay for trillions of dollars in tax cuts for individuals and corporations.
The bill was supposed to be unveiled on Wednesday, but House Ways and Means Committee Chairman Kevin Brady, R-Texas, announced in a statement, "In consultation with President Trump and our leadership team, we have decided to release the bill text on Thursday."
Republicans have promised that their legislation will slash taxes for businesses and individuals, simplify the complicated tax code and spur major economic growth. President Trump called on Congress to finalize the bill by Christmas.
http://www.npr.org/2017/10/31/561258302/tax-bill-delayed-as-gop-divisions-on-eliminating-tax-breaks-persist
SHRED
(28,136 posts)Skittles
(153,169 posts)seriously, fuck them all
unblock
(52,253 posts)it's just about the only thing saving us.
Dulcinea
(6,639 posts)The gang that couldn't shoot straight.