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Current sticking points between House and Senate tax plan

chuckiechan

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Senate 7 brackets
House 4

Senate individual tax rates expire in 2025, corporate rates are permenant
House: both permenant.

Senate child tax credit $2,000 per child
House $1,600

Senate repeals individual Obamacare mandate
House keeps it in place

There are others, but these are the big ones. No word yet (afaik) as to whether or no the democrats are going to get involved.

The path of least resistance is for the house to just accept the senate bill, as is.
 
Senate 7 brackets
House 4

Senate individual tax rates expire in 2025, corporate rates are permenant
House: both permenant.

Senate child tax credit $2,000 per child
House $1,600

Senate repeals individual Obamacare mandate
House keeps it in place

There are others, but these are the big ones. No word yet (afaik) as to whether or no the democrats are going to get involved.

My predictions:
Make tax rates permanent.
$1800 per child.
Dump the mandate.
 
I would say a very big one is when the law takes effect.
 
No word yet (afaik) as to whether or no the democrats are going to get involved.

They were locked out of legitimately co-authoring either of the bills. Why get involved with this deficit-ballooning-theft now?
 
Corporate AMT looks like a sticking point too. Kevin McCarthy said it absolutely had to be taken out of the Senate Plan to pass.
 
Locked out how? You can’t expect them to act like the majority party, can you?

We'll see if Democrats are locked out when the debt ceiling must be raised by Dec 9. The Grand Old Pedophile party can't up that ceiling with just 51 votes.
 
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