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Senate Republicans passed the most extensive rewrite of the U.S. tax code in more than 30 years, a bill that delivers a deep, permanent tax cut for corporations and shorter-term relief for individuals.

The chamber’s 51-48 party line vote shortly after 12:30 a.m. Wednesday brought President Donald Trump to the brink of his first major legislative victory.

[Source: Bloomberg]



Submitted December 20, 2017 at 01:16AM by AlteregoMike http://ift.tt/2CKR6ym

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