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39 .6% under current law. individual tax cut expire at 2025. meanwhile the standard deduction is almost doubled to between $12,000 between individuals and $24,000 for couples. the new tax bill cuts the corporate tax rate from 35% to 21%. taxing foreign earnings at lo r er rates and offered expanded tax credit for low income families with children. thanks to push by senators marco rubio and mike lee. more generous tax credit was key in securie ining marco rubio s vote. senator bob corker who voted against the initial bill now says he will vote in favor of the final version. and senator susan collins is also expected to back it ahead of tomorrow s anticipated vote by the house. dispute the fact many of trump s ....
Current law. and the individual tax cuts expire after 2025. meanwhile, the standard deduction is almost doubled to between $12,000 for individuals and $24,000 for couples. the new tax bill cuts the corporate tax rate from 35% to 21% while taxing foreign earnings at lower rates and the bill offers an expanded child tax credit for some low-income families thanks to a push by republican senators marco rubio and mike lee. that more generous child tax credit was key in securing senator rubio s support for the final bill. as party leaders work to make sure they have the votes needed from gop holdouts, senator bob corker, who voted against the initial senate bill over deficit concerns now says he will vote in favor of the final version. we ll get to the news surrounding corker in a moment, because there is some there. ....
Tomorrow. for example the top rate would be 37% versus 39.6% under the current law and the individual tax cuts expire after 2025. meanwhile t standard deduction is almost doubled to between $12,000 for individuals and $24,000 for couples. new tax bill cuts the corporate tax rate from 35% to 21%. while tax and foreign earnings at lower rates. the bill offers expanded tax credit for low income families with children. thanks to a push from marco rubio and mike lee. still ahead, digging into a new report for president trump s plans for 2018. pentagon secret search for ufo. what we re learning about the ....