02-11-2017 23:35 via feedproxy.google.com

A key middle-class tax break in the Republican plan is temporary — why?

Republicans have a new problem in their newly unveiled tax legislation.
A temporary tax credit would last for only five years, meaning it would impose a sudden increase on middle-income families.
A major criticism of the Republican tax framework released in September was that it appeared to raise taxes on a large number of families, especially those with upper-middle incomes.
Now that House Republicans have turned the framework into legislative text, they've tried to address that problem.
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