Republicans are about to confront Trump’s ‘red line’ to fix problems in their tax bill
|12/08/2017||Posted by BusinessMediaguide.Com under General World News||
- The GOP tax bill is headed to a conference committee, wherein members will have to work out differences between the House and Senate versions of the plan.
- One change being floated: cutting the corporate tax rate to 22% from the current 35%, instead of the 20% proposed in the original version of the bill.
- Such a tweak would help free up money to solve problems that cropped up after the bill passed, but also could open the door to more intraparty bickering.
Republicans, moving closer to passing a massive overhaul of the US tax code, are heading toward a possible fight over corporate read more >>>