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House Republicans outline their plan to extend the expiring 2017 tax cuts and prevent a $4.5 trillion tax increase, but the bill also includes a long list of political giveaways, including President Trump's promised tax exemption for tips and overtime, a tripling of the SALT deduction, and a $1,000 taxpayer contribution to "MAGA accounts" for babies. Is this the new GOP consensus?
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By Paul Gigot, The Wall Street Journal4.2
27142,714 ratings
House Republicans outline their plan to extend the expiring 2017 tax cuts and prevent a $4.5 trillion tax increase, but the bill also includes a long list of political giveaways, including President Trump's promised tax exemption for tips and overtime, a tripling of the SALT deduction, and a $1,000 taxpayer contribution to "MAGA accounts" for babies. Is this the new GOP consensus?
Learn more about your ad choices. Visit megaphone.fm/adchoices

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