Deadline: tomorrow! Help meet our fall fundraising goal GIVE NOW

The GOP’s dream may become reality

Mark Garrison Nov 21, 2016
HTML EMBED:
COPY
Speaker of the House Paul Ryan addresses a news conference to introduce the House Republicans' tax reform proposal with House Ways and Means Committee Chairman Kevin Brady and House Majority Whip Steve Scalise in the Rayburn Room at the U.S. Capitol June 24, 2016 in Washington, DC.    Chip Somodevilla/Getty Images

The GOP’s dream may become reality

Mark Garrison Nov 21, 2016
Speaker of the House Paul Ryan addresses a news conference to introduce the House Republicans' tax reform proposal with House Ways and Means Committee Chairman Kevin Brady and House Majority Whip Steve Scalise in the Rayburn Room at the U.S. Capitol June 24, 2016 in Washington, DC.    Chip Somodevilla/Getty Images
HTML EMBED:
COPY

This is it, Republicans’ best chance at reforming the tax code. For years, the GOP has tried to craft a comprehensive plan that would close loopholes, end many deductions and collapse income tax brackets down to just a few — not to mention cut tax rates for many. Now, with the incoming Trump presidency and control of both chambers of Congress, we take a closer look at the GOP’s plans.

Click the audio player for the full story. 

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.