Senate GOP Tax Bill Could Hurt Low-Income Americans More Than Expected
According to a report from the Congressional Budget Office, the tax bill could negatively affect Americans in the lowest income brackets.
LEARN MOREPosted: 7:06 p.m. EST Dec 1, 2017
It took just 10 changes to convince Republican holdouts in the Senate to say they'll vote for the GOP's tax bill.
That's according to Axios, which obtained a list of 10 provisions slated to be amended to the bill.
Those changes include a provision allowing people to deduct up to $10,000 on property tax — an issue pushed by Maine's Sen. Susan Collins.
Also in the bill is a provision raising pass-through deductions from the proposed 17.4 percent to 23 percent — which was an issue both Wisconsin Sen. Ron Johnson and Montana Sen. Steve Daines were concerned about.
As of late Friday, there's only one confirmed "no" vote from a Senate Republican: Sen. Bob Corker says he can't "cast aside [his] fiscal concerns" to vote for the legislation.
