US House advances tax plan (higher corp tax, higher tax on wealthy)

Author: Eamonn Sheridan | Category: News

The US House of Representatives House Ways and Means Committee votes to advance the plan.

What this means is it moves the bill to the House for a vote.
With the Democratic majority, it'll likely pass.
And then negotiations will continue with the Senate where passing will be much, much more difficult. Plenty of negotiations on this are still to come.

TL;DR is nothingburger. 

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