Republicans Finally Release Draft of Tax Bill—Read It!

Limping along. Barely.

Our GOP controlled House and Senate sent fewer bills to President Trump than any Congress in 70 years.

They sent five bills to President Trump’s desk to sign in his first 100 days. That’s the least out of any President since the 1950s.

It is inconceivable that these quislings think the majority of Americans voted for Republicans. Wrong.

They voted for Trump despite the impotent and feckless treachery of Republican (uniparty) chicanery. These quisling clowns better get with the program.

Read it: House Republicans release text for highly anticipated tax cut bill

By Zach Halaschak

Republican taxwriters have released the text of the slate of tax proposals that they want to go into the massive fiscal bill that would enact much of President Donald Trump‘s agenda.

The legislative text released Monday includes extending and making permanent various expiring provisions from the 2017 Tax Cuts and Jobs Act, as well as other Trump priorities, such as eliminating taxes on tips, ending taxes on overtime, and increasing the cap on state and local tax deductions.

House leadership released the 389-page document on Monday afternoon, a day before the House Ways and Means Committee is set to hold its markup on the tax provisions. During that process, the various tax proposals will be debated and amendments to the legislation offered.

The document is the most substantial chunk of legislative text yet for the legislation that Republicans hope to pass through the reconciliation process, which involves several committees and markups. Reconciliation is a legislative process that allows bills to bypass the filibuster and pass with only a simple majority in the Senate.

While some of the tax proposals in the “one big beautiful bill” are uncontroversial and will likely garner universal Republican support, others could end up being changed to satisfy certain members who might threaten to withhold support for the overall legislation.

Continue reading.