Before they can cut taxes, Republicans need to pass a budget
Before they can cut taxes, Republicans need to pass a budget
By Tara Golshan -- Vox.com
This week, Republicans in Congress are planning to take an important step toward tax reform — a plan that already looks like it will be a bonanza for the wealthy.
While unified in their goal to cut taxes, Republicans are locked in a struggle of how deeply to cut rates — and whether to offset those cuts elsewhere. So far, GOP leaders have proposed a thin tax reform blueprint that aims to lower corporate and individual tax rates.
“I don’t know every single person’s little, small problem or issue,” House Speaker Paul Ryan said on CBS’s Face the Nation. “So yes, people are going to get tax cuts. How big are those tax cuts? That depends on the individual.”
READ MORE: http://www.msn.com/en-us/news/politics/bef...
By Tara Golshan -- Vox.com
This week, Republicans in Congress are planning to take an important step toward tax reform — a plan that already looks like it will be a bonanza for the wealthy.
While unified in their goal to cut taxes, Republicans are locked in a struggle of how deeply to cut rates — and whether to offset those cuts elsewhere. So far, GOP leaders have proposed a thin tax reform blueprint that aims to lower corporate and individual tax rates.
“I don’t know every single person’s little, small problem or issue,” House Speaker Paul Ryan said on CBS’s Face the Nation. “So yes, people are going to get tax cuts. How big are those tax cuts? That depends on the individual.”
READ MORE: http://www.msn.com/en-us/news/politics/bef...
