Image result for tax reform now

Senate Republicans passed their tax overhaul in a 51-to-49 vote early Saturday morning, taking a critical step toward accomplishing their top legislative goal.

But the GOP has not crossed the finish line just yet. Both the Senate and the House have passed tax reform bills that have a lot in common — including dramatic cuts in corporate tax rates, the elimination of a number of personal tax deductions, and a big change in the estate tax — but these bills also have a number of crucial differences that must be resolved before a final version can be sent to President Trump’s desk for signing.

Here are some ways the two bills differ:

Read more at The Washington Post: What’s next for Republican tax overhaul: Ironing out the differences between the House and Senate bills – Washington Post

Image result for tax reform now

Leave a comment

Your email address will not be published. Required fields are marked *