US EditionUS Tax Cut Bill Faces Scrutiny
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US Tax Cut Bill Faces Scrutiny
House Republicans are currently working on the final details of a bill to enact President Trump’s tax cuts. However, independent analysts and investors warn that the current projections mask the true fiscal impact. The official congressional Joint Committee on Taxation estimates the bill will cost $3.8 trillion over a decade. This estimate relies on expiring tax breaks after four years, a maneuver budget experts find misleading. The Committee fo…
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