
House Republican tax plan debate kicks off
The House Republican debate over President Donald Trump�s tax agenda has kicked off.
An early version of the House Ways and Means tax bill would cost about $3.7 trillion over 10 years, according to estimates from the Joint Committee on Taxation.
With a $4.5 trillion limit, there could be significant changes, including for the cap on the deduction for state and local taxes, known as SALT, among other provisions.