Listen To The Story

This week, Republicans in the House released a new tax plan — more specifically, a potential rewrite of the American tax code. It's been in the works for a long time, and there's a lot written into the 429 page plan — tax cuts for corporations, fewer tax brackets, changes to tax deductions and credits. 

Marketplace Weekend spoke with Marketplace senior correspondent Amy Scott about some of those changes to deductions and credits to get a better idea of how the new plan affects middle-income families. 

To listen to the full interview, tune in using the audio player above. 

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.

Follow Marketplace Weekend Staff at @MarketplaceWknd