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GOP chairman releases year-end tax package

House Ways and Means Committee Chairman Kevin Brady released a 297-page tax and IRS package that would address a variety of issues.

The legislation includes provisions to renew expired tax provisions, make technical fixes to last year’s tax-cut law, provide incentives for retirement savings, provide tax relief for disaster victims and make improvements to the IRS. It would provide for a resolution of a number of tax issues in the final weeks of the year while Republicans still control both chambers of Congress.

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