Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Wednesday, December 20, 2017
Senate approves most drastic changes to US tax code in 30 years
Senate Republicans have passed a sweeping overhaul of the US tax code, placing
Donald Trump
on the brink of scoring his first major legislative victory.
The Senate approved the $1.5 trillion tax bill, which includes permanent tax breaks for corporations and temporary tax cuts for individuals, by a final vote of 51-48. Once enacted, the legislation will represent the most drastic changes to the US tax code since 1986.
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