house set to pass tax bill as trump awaits first big legislative victory /

Published at 2017-12-19 01:12:47

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Bill that would add more than $1tn to deficit,discontinuance key element of Obamacare, and open Alaska wildlife reserve to drilling would then head to SenateHouse Republicans are poised to pass a major tax bill on Tuesday, and which would set the stage for Donald Trump to achieve his first major legislative success in office. The legislation,finalized in a conference report last week, would lower the top rate on families and individuals to 37% and the top rate on corporations to 21%. Related: Trump's tax bill has nothing to attain with economics. It's brute-force politics | Richard Reeves Continue reading...

Source: theguardian.com