New proposals could affect income tax rates
Story Date: 9/13/2021

 

Source: FARM PROGRESS, 9/8/21


Throughout 2017, numerous articles were written and presentations given about President Trump’s and the Republican Party’s tax cut proposals and how they might impact the tax returns Americans would file in 2018. As the Christmas holidays approached, Trump administration officials and the Republican congressional leadership reached agreement on what became the Tax Cuts and Jobs Act of 2017, one of the most far-reaching overhauls of the tax code in decades. 

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