What did the Senate Change to the Tax Bill?
Last Saturday, the Senate approved their version of the tax bill. The House’s bill made most tax provisions permanent for individuals and corporations. On the other hand, the Senate’s tax reform bill made the majority of tax provisions on companies permanent. In contrast, the Senate changed the tax provisions on individuals which are now set expire in 2025.
Photo courtesy of J. Scott Applewhite (http://ow.ly/5Jxn30ls8Nf)
You can compare the other aspects of both bills in the link!
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