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House Panel’s Talk of Phased-In Tax Cut Counters Trump’s Wishes

by Jennifer Jacobs and Anna Edgerton | Oct 31, 2017   ()

House tax writers are discussing a gradual phase-in for PresidentDonald Trump and Republican leaders’ proposed corporate tax-rate cut -- on a schedule that would put the rate at 20 percent in 2022, according to a member of the chamber’s tax-writing committee and a person familiar with the discussions.

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Source: Bloomberg
Source: Bloomberg

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