Reuters: U.S.

Wednesday, December 13, 2017

Breaking News: Negotiators strike deal in principle on tax bill

 
 
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Negotiators strike deal in principle on tax bill
Senate and House negotiators have struck an “agreement in principle” on the tax bill and are now just cleaning up some of the details on paying for it, says a Republican source familiar with the talks.

An announcement is expected later Wednesday.

The deal would lower the top individual tax rate to 37 percent and set the corporate tax rate at 21 percent, slightly higher than the 20 percent initially favored by President Trump.
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