YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The U.S. House of Representatives yesterday passed a $1.5 trillion package overhauling corporate and personal taxes.
The 227-205 vote was in favor of the legislation that would eliminate tax deductions for state and local income and sales taxes and limit property tax deductions to $10,000.
The Senate Finance Committee voted late Thursday in favor of the House GOP tax bill. It should hit the Senate floor after Thanksgiving.
Read more from The Associated Press.
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