20-10-2017 13:01 via wbrz.com

Ryan says GOP working on 4th tax bracket

WASHINGTON-House Speaker Paul Ryan says the tax plan pushed by President Donald Trump and Republican leaders will add a fourth tax bracket for high-income people to the three originally proposed.Ryan isn't yet saying what the tax rate would be for the fourth income-tax bracket. The GOP blueprint, which would overhaul the tax system and cut taxes for corporations and potentially for individuals, reduces the number of brackets from the current seven to three - with rates of 12 percent, 25 percent
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