The Republicans «behind closed doors» agreement on tax rates for the richest

The Republicans «behind closed doors» agreement on tax rates for the richest

Republicans in the House of representatives and the Senate came to an agreement in principle on the fate of tax reform primarily in respect of corporations.

According to sources, NBC News the Republican party, the talks were held «behind closed doors», and the Democrats were not involved.

The Republicans «behind closed doors» agreement on tax rates for the richest

According to the lawmakers, they managed to enlist the support of majority of senators. It is planned that the reform project will issue to a vote next Wednesday and then will be sent to the President for signature Donald Trump, so he had to do it before the end of the year.

According to the draft, it assumes that a decrease in marginal individual tax rates up to 37 per cent (39.6 per cent).

The corporate tax rate will be reduced to 21% from 35%. Critics of the project believe that this benefits only the wealthiest Americans.

Among critics, incidentally, have themselves Republicans. So, Senator Marco Rubio of Florida at a recent debate insisted not on such a sharp lowering of taxes for corporations, offering extended tax credits primarily for families with children. But in the end, the Republicans settled on the figure of 21%.

In addition, we will retain tax benefits for mortgage loans amounting to 750 thousand dollars.

Source