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Final GOP Tax Bill Settles On 21% Corporate Rate

Law360, New York (December 15, 2017, 5:10 PM EST) -- Republicans unveiled the final version of their tax cut bill on Friday that would impose a 21 percent flat rate on corporations, set the maximum individual tax rate at 37 percent and largely adopt the Senate’s proposal for pass-through businesses.

Brady in the Capitol on Friday. (AP) The eagerly anticipated details of the 503-page bill had been kept under a tight lid as negotiators from the House and Senate worked to reconcile the differences between each chamber’s version of the Tax Cuts and Jobs Act. The...
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