Saturday , February 27 2021

Top US House tax author retires pension plans and a tax bill on IRS



Ways and CEO Kevin Brady held a press conference on issues such as the GOP's tax reform bill, following the GOP Conference's April 17, 2018 meeting, R-Texas.

Tom Williams | CQ Roll Call | Getty Images

Ways and CEO Kevin Brady held a press conference on issues such as the GOP's tax reform bill, following the GOP Conference's April 17, 2018 meeting, R-Texas.

A Republican, who will step down as head of the US House of Representatives tax committee late Monday, has issued a nearly 300-page tax bill that says Americans will redefine their savings, a large number of business tax breaks and the Internal Revenue Service. .

Delegate Kevin Brady welcomed House & President Donald Trump's desk until the beginning of January with a large tax bill reducing the corporation tax rate in 2017 to House & President Donald Trump.

"The policy recommendations in this package have received the support of Republicans and Democrats in both parliaments. I am looking forward to moving quickly to the House to send these measures to the Senate," Brady said in a statement.

American voters ended the Republican control of the Republic in the November 6 elections, and the majority gave power to the Democrats. Brady is expected to be replaced by Democratic Representative Richard Neal as chairman in January.

The Congress, meanwhile, is holding a "lame duck" session where Republicans will still be responsible for the Home Agenda, like Brady. A spokesman for the lawyer said that Brady's summary of the bill was not immediately available.

The appearance of the legislation was not immediately clear. The congress is likely to be busy at the için lame duck Meksika session, which includes a mandatory spending measure to build a proposed wall at the US-Mexican border and the renewed demands of Trump.

The 297-page text on the bill covers tax cuts for fuel cell cars, energy efficient homes, racing horses, mine safety equipment, automobile race tracks and many other products, and retirement savings plans such as 401 (k) s and individual. retirement accounts.

The statement includes a "time-sensitive technical corrections", according to Bill's 2017 law, which Trump has signed according to the law.


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