Doug Killian News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Major victory to President Trump and g. O. P. Leaders. For seven weeks after House Budget Committee members issued a draft bill, republican legislators gave final approval to the bill delivering 1. 5 trillion in tax relief. The president signed the bill into law friday after Congress Passed a continuing resolution to keep the government funded. When that means that the taxpayers will begin seeing more money in their paycheck as soon as february as withholding tables are changed to accommodate lower tax rates. But the biggest tax cut is delivered to corporations which is 14 cut, other benefits to Corporate America include the media and full expense capital of quitman for five years. At 20 deduction on Small Businesses and a repeal of the corporate alternative minimum tax. On the other side, tax reform retained a seven crack tax brackets but withdrew rates. The standard deduction is effectively doubled to 24,000 for joint filers. That along with the doubling of the Child Tax Credit is wh

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