House Republicans Unveil Tax Reform Package – Read the Highlights
By James E. Hyland, Esq.
The Pennsylvania Avenue Group and TLTA Federal Legislative Counsel
Nov. 8, 2017
On Thursday, Nov. 2, House Ways and Means Committee Chairman Kevin Brady (R-The Woodlands) unveiled the long-anticipated Republican tax reform plan. The bill contains over 420 pages and makes major changes to the U.S. tax code, the biggest rewrite in 30 years. While this is only the first step, many of the core aspects of the bill will likely become law, such as cutting the corporate tax rate, helping small businesses and reducing the number of tax brackets.
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