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Your Guide to the GOP Tax Plan

Tax Plan Gains Steam After Trump 'Lovefest' With GOP Senators
Photographer: Andrew Harrer/Bloomberg
Updated on

The Republicans at the helm of the U.S. government are on the verge of carrying out their pledge to cut corporate and individual taxes, creating a potentially defining issue in the 2018 election that will determine control of Congress. They have reached agreement on a final version of the bill they expect will win enough votes in the House and Senate to advance to President Donald Trump’s desk.

The House and Senate will vote, perhaps this week, to approve the final, unified version of the bills they passed on Dec. 2 (Senate) and Nov. 16 (House).