The House of Representatives in the United States has approved the Republican tax reform bill, which is now facing another parallel proposal under way in the Senate, where Republican senators have raised doubts about its execution.
The document was approved with 227 votes in favor and 205 against, and 13 Republicans voted against and without there being any Democrats to vote in favor of the proposal that, among other areas, establishes a reduction of the IRC rate from 35% to 20%.
The Trump administration's intention is to be able to make a $ 1.5 trillion tax cut possible by the end of the year, with both proposals - Senate and House of Representatives - to benefit 80% of businesses and citizens rich with the tax cut. The number of IRS ranks would, according to the paper, shift from seven to four.
A proposal that implies, on the other hand, a potential loss of revenue and a worsening of debt and deficit, an argument that Trump and the Republicans have tried to counter, presenting as a counterpoint the positive effect on the economy of the tax cuts, with the creation of more employment and income for families.
The document was approved with 227 votes in favor and 205 against, and 13 Republicans voted against and without there being any Democrats to vote in favor of the proposal that, among other areas, establishes a reduction of the IRC rate from 35% to 20%.
The Trump administration's intention is to be able to make a $ 1.5 trillion tax cut possible by the end of the year, with both proposals - Senate and House of Representatives - to benefit 80% of businesses and citizens rich with the tax cut. The number of IRS ranks would, according to the paper, shift from seven to four.
A proposal that implies, on the other hand, a potential loss of revenue and a worsening of debt and deficit, an argument that Trump and the Republicans have tried to counter, presenting as a counterpoint the positive effect on the economy of the tax cuts, with the creation of more employment and income for families.
