House GOP Unveils Giant Tax Bill
Follow the money; what's in it for them?
https://politicalwire.com/2018/11/27/house-gop-unveils-giant-tax-bill/
House GOP Unveils Giant Tax Bill
November 27, 2018 at 7:02 am EST By Taegan Goddard
House Republicans on Monday evening unexpectedly released a 297-page tax bill they hope to move during the lame-duck session of Congress, Politico reports.
The legislation would revive a number of expired tax provisions known as extenders, address glitches in the Tax Cuts and Jobs Act and make a range of changes to savings- and retirement-related tax provisions. Other parts of the bill would revamp the IRS, provide new tax breaks for start-up businesses and offer assistance to disaster victims.
The measure amounts to House Republicans opening bid in negotiations with the Senate. Theyll need Democratic support there to move any changes, and its unclear lawmakers will agree to any of the provisions before adjourning for the year.