GOP edges away from 20 percent corporate rate
Story Date: 12/14/2017

 

Source: Alexander Bolton and Scott Wong, THE HILL, 12/12/17


Republican negotiators have reached a tentative agreement to raise the corporate rate in their joint House-Senate tax bill from 20 to 21 percent as they seek revenue to pay for a variety of significant changes that could be sold as tax relief for individuals.
The higher corporate rate could pay for a reduction in the top individual rate, which Republicans are talking about lowering to 37 percent...

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