Here’s who would be the winners and losers under the latest Senate Republican tax bill
|11/30/2017||Posted by BusinessMediaguide.Com under General World News||
- A Joint Committee on Taxation analysis of the Senate GOP tax bill leaked late Wednesday.
- The report showed that in 2019, 8.1% of people would see their taxes increase by $100 or more while 61.7% of Americans would get a cut.
- In subsequent years, fewer people would see a cut — especially after individual tax cuts are set to expire.
A new analysis of the Senate Republican tax bill shows that while most people would see an initial tax cut under the plan, many would see tax increases over time without subsequent legislative adjustments.
The analysis by the Joint Committee on Taxation (JCT), prepared read more >>>