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Republican Tax Rewrite Helps Some Millionaires but Hurts Others

The House tax overhaul raises taxes on high-income earners who make their money through labor, but delivers a huge tax cut to passive business owners. [Source]

Publication Date:

Origin: nytimes.com

Category: Tax Credits, Deductions and Exemptions

Topics: owners, business, passive, delivers, labor, through, money, earners, high-income, taxes, raises, overhaul, House, Others, Hurts, Millionaires, Helps, Rewrite, Republican

Source: https://www.nytimes.com/2017/11/06/us/politics/republican-tax-plan-rich-millionaires-trump.html?partner=rss&emc=rss