Republican Leaders Expanding Repatriation Gimmick in Tax Bill
December 14, 2017
December 14, 2017
WASHINGTON, Dec. 14 -- The Center on Budget & Policy Priorities issued the following news release:
Republican congressional leaders are reportedly making changes to their tax bill -- such as cutting the top individual tax rate to 37 percent, from the current 39.6 -- that would make the bill costlier and tilt it more to the wealthy. GOP leaders will reportedly "pay for" those added costs, which are intended to be permanent, in part with a higher tax rate on U.S. multina . . .
Republican congressional leaders are reportedly making changes to their tax bill -- such as cutting the top individual tax rate to 37 percent, from the current 39.6 -- that would make the bill costlier and tilt it more to the wealthy. GOP leaders will reportedly "pay for" those added costs, which are intended to be permanent, in part with a higher tax rate on U.S. multina . . .