Lower-chamber ways and means chair Kevin Brady challenges property tax deduction elimination amid rush to produce bill before Christmas holidaysThe chairman of the House tax-writing committee said on Sunday he was confident that chamber would not move along with a Senate proposal to eliminate the deduction for property taxes, setting up a major flashpoint as Republicans aim to put a tax chop bill on Donald Trump’s desk before Christmas. Republican leaders are moving urgently on what would be the first rewrite of the US tax code in three decades. Key differences promise to complicate the effort. Related: House Republicans unveil tax plan to benefit corporations and the wealthy Continue reading...
Source: theguardian.com