GOP says it's got a deal on taxes; cuts coming for next year

WASHINGTON — Confident congressional Republicans forged an agreement Wednesday on a major overhaul of the nation’s tax laws that would provide generous tax cuts for corporations and the wealthiest Americans — Donald Trump among them — and deliver the first major legislative accomplishment to the GOP president.

Middle- and low-income families would get smaller tax cuts, though Trump and GOP leaders have billed the package as a huge benefit for the middle class. The measure would scrap a major tax requirement of Barack Obama’s Affordable Care Act, a step toward the ultimate GOP goal of unraveling the law.

http://www.twincities.com/2017/12/13/gop-tax-plan-trims-top-rate-for-wealthy-cuts-corporate-rate/