Tax Bill to Have Uneven Effect on Households, Study Says

Tax Bill to Have Uneven Effect on Households, Study Says

The Tax Reform effort has made its way through to the Joint Committee on Taxation (JCT). This group is a nonpartisan committee that reviews all tax proposals, increases, decreases and now reform. After continued scrutiny, the committee released a study saying that a majority of American households would see a tax cut, although millions of Americans would see a tax increase. The study’s data points are now being used as political ammunition by both sides of the aisle. Although many Republicans argue that this bill will not be the one that reaches the president’s desk,¬†we have little information on which key provisions could change.

 

Click here to read more.

No comments yet.

Leave a Reply