House Republicans release second round of proposed tax cuts
Tweet
Share
E-mail
The U.S. Capitol Building is lit at sunset in Washington, U.S., December 20, 2016. REUTERS/Joshua Roberts/File Photo
WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives on Monday released plans for a second round of tax cuts, which follow comprehensive tax legislation enacted in December.
The three pieces of legislation proposed by Republicans on the tax-writing House Ways and Means Committee would make permanent lower individual rates, eliminate the maximum age for some contributions to retirement accounts and allow new businesses to write off more start-up costs, among other provisions.
(Reporting By Amanda Becker)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ghosts of the 1970s: Why three Fed hawks voted to spike rates
- Chinese vice premier voices concern over US measures in call
- Employment Cost Index 0.9% vs 0.8%
Create E-mail Alert Related Categories
General News, Politics, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
