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House Republicans released a portion of President Donald Trump’s tax agenda late on Friday evening, bringing them one step closer to completing the commander-in-chief’s "big, beautiful bill."
The legislation includes an increased child tax credit (CTC), a higher threshold for estate tax liability – what Republicans have referred to as the "death tax" – and several other measures.
It also lays the groundwork for making Trump’s 2017 Tax Cuts and Jobs Act (TCJA) permanent. Republican leaders had warned that failing to do so would lead to a tax...
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