02-11-2017 13:20 via krqe.com

GOP tax overhaul plan at a glance

WASHINGTON (AP) — House Republicans unveiled a $1.5 trillion tax plan that cuts the corporate rate, lowers the personal tax rate of most Americans and eliminates or limits some prized deductions. A look at provisions of the proposal:
__Income tax rates: Sets four new income tax rates: 12 percent, 25 percent, 35 percent and 39.6 percent. The 25 percent rate would start at $90,000 for married couples and $45,000 for individuals; the 35 percent rate wou
Read more »