It's a done deal: Congress wraps up massive tax package
Story Date: 12/21/2017

 

Source: WINSTON-SALEM JOURNAL, 12/20/17


Congressional Republicans delivered an epic overhaul of U.S. tax laws to President Donald Trump on Wednesday, bringing generous tax cuts for corporations and the wealthiest Americans while providing smaller cuts for middle- and low-income families. In a re-vote due to a last-minute hiccup, the House passed the massive $1.5 trillion tax package that affects everyone's taxes but is dominated by breaks for business and higher earners.

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