Senate approves most drastic changes to US tax code in 30 years
Donald Trump has said his first major legislative victory would be a 'big, beautiful Christmas present' for Americans
Senate Republicans have passed a sweeping overhaul of the US tax code, placing Donald Trump on the brink of scoring his first major legislative victory.
The Senate approved the $1.5 trillion tax bill, which includes permanent tax breaks for corporations and temporary tax cuts for individuals, by a final vote of 51-48. Once enacted, the legislation will represent the most drastic changes to the US tax code since 1986.
Congratulations to Paul Ryan, Kevin McCarthy, Kevin Brady, Steve Scalise, Cathy McMorris Rodgers and all great House Republicans who voted in favor of cutting your taxes!
The GOP tax scam will go down, again, as one of the worst, most scandalous acts of plutocracy in our history
Related: Trump tax plan: what's in the final bill?
Continue reading...