Surprise Me!

GOP Scrambling to Fix Huge Error in Tax Cut Bill

2018-03-22 0 Dailymotion


Republican lawmakers are reportedly trying to fix a 'glitch' in their previously past tax cut legislation as part of new negotiations for a massive spending bill. The error, which has been called the "grain glitch," stems from a provision that allows for a 20% tax deduction on income derived from a pass-through business — in which the business owner takes profits directly as income.