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Montevideo, April 23rd 2024 - 19:48 UTC

Tag: US tax code

  • Saturday, November 18th 2017 - 08:11 UTC

    Trump tax cuts bill passes the House, but the Senate is another story

    President Trump has served as cheerleader-in-chief for the measure, calling the bill a “big, beautiful Christmas present” for families.

    House Republicans have passed a controversial overhaul of the US tax code that slashes corporate rates. The vote came after US President Donald Trump made a rare visit to Congress to rally lawmakers around the tax overhaul plan. The Senate is working to build support for its own version of the bill, but one Republican has said he is a 'no'.