House panel approves GOP tax measure
Story Date: 11/10/2017

 

Source: ROLL CALL, 11/9/17

The House Ways and Means Committee on Thursday approved the Republican tax plan after making key changes such as raising repatriation tax rates on corporate cash held abroad, restoring the adoption child credit and changing the bill’s treatment of “pass-through” businesses.Committee members voted along party lines, 24-16, to approve the legislation setting up a likely House floor vote next week.

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