OMG, the House is now considering a five-year phase-in for the corporate tax cut part of Trump's tax reform.
House tax writers are discussing a gradual phase-in for the corporate tax-rate cut that President Donald Trump and Republican leaders want -- a schedule that would have the rate reach 20 percent in 2022, reports Bloomberg.
First, it was messing with personal taxes, now they are even messing with the corporate tax cut side.
The House Ways and Means panel plans to release the text of a bill on Wednesday.
-RW
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