THE POST 09/13/2018 GOP CONGRESS TO MAKE TAX CUTS PERMANENT

GOP Legislation Aims to Lock in Individuals' Tax Cuts

2018-09-13 | by Alice Greene | Share on Facebook   A three-bill package unveiled this week by House Republicans seeks to make permanent the individual tax cuts outlined in last year's policy overhaul. The package, dubbed "Tax Reform 2.0," also seeks to lock in the new standard deduction, the special deduction for pass-through businesses, and the larger child tax credit. Those changes are set to expire in 2025. In terms of retirement savings, the package also seeks to: Remove restrictions on ...More