GOP Tax Framework: 20 percent corporate, 35 percent top individual rates
Story Date: 9/28/2017

 

Source: ROLL CALL, 9/27/17

The Republican tax overhaul framework calls for cutting tax rates to 20 percent for corporations, 25 percent for small businesses and 35 percent for high-income individuals. The nine-page document provides only a few other new details about GOP plans for rewriting the tax code. Many of the policies outlined in the framework are ones included in the House Republicans’ “A Better Way” plan released last year.

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