GOP seeks to finish tax overhaul
Republicans are working to finalize their tax overhaul before the end of the year, including hashing out the differences between the House and Senate versions of the bill. A final vote in each chamber likely won’t be until next week at the earliest.
The House and the Senate bills have a variety of differences, including individual tax rates, repeal of the estate tax and effective date for the corporate tax cut. The proposed corporate tax rate of 20 percent is also at risk.
ALSO, CLICK HERE to read the press release from the NAM regarding the tax reform bill.