Senate makes sunset revisions to tax plan that may not see the light of day
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The chairman of the Senate Finance Committee, Republican Orrin Hatch, unveiled the latest version of the Senate’s proposed tax overhaul last night. On the face of it, there’s a bit more in this bill for the middle class. The plan would expand the child tax credit and slightly lower some tax rates. But here’s the catch — those changes would be only temporary. Corporations, though, would get a permanent tax cut.
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