• Rates Proposed by House’s Tax Bill
  • November 9, 2017
  • The tax bill released by the House Ways and Means Committee proposes significant changes to both individual and corporate rates. The corporate tax rate will be lowered from 35% to 20% while the rate on “pass-through” businesses will be lowered to 25%. On the individual side, tax rates will be consolidated into four brackets: 12%, 25%, 35% and 39.6%.

    Read more: Policy Highlights – The Tax Cuts & Jobs Act; Committee on Ways and Means – Tax Cuts & Jobs Act