Why Republicans shouldn’t be so optimistic their tax bill will be a big win - News Summed Up

Why Republicans shouldn’t be so optimistic their tax bill will be a big win


(Reuters)Republicans are on the verge of passing a massive tax cut for businesses that is deeply unpopular with the American public. Black is chair of the House Budget Committee and a member of the conference committee that spent the past week hammering out the final tax bill. The thinking goes like this: Give corporations a massive tax cut and most Americans a decent-sized cut. The GOP tax bill is meant to solve America's growth problem, and Republicans believe faster growth will help improve the other two issues. Read more:The final GOP tax bill is complete Here is what is in itThe essential tradeoff in the Republican tax bill, in one chartIn small win for Democrats, GOP tax bill doesn't allow churches to get more political


Source: Washington Post December 16, 2017 14:08 UTC



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