Illustrated Economics: House GOP Tax Plan

For this edition of Howard's Illustrated Economics, trouble in the tax plan. Republican members of Congress will own the tax plan in the next campaign, whether they were in the same cadre that wrote it or not. Hundreds of Republican lawmakers are as concerned as you are. President Trump promised "a major, major tax cut" for working Americans. Didn't happen. This is a minor, minor tax cut, offset by certain changes to deductions. The average family of four will see a saving...


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