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SD Senator John Thune; Republicans Pulling Tax Cut Details Together

SD Senator John Thune; Republicans Pulling Tax Cut Details Together

Photo: WNAX


Senate republicans are pulling together their version of a tax cut bill, with details still emerging.
South Dakota Senator John Thune says the Finance Committee, of which he is a member, has been working on tax reform for quite a while….

Thune says families could see a tax cut of up to twenty five hundred dollars, but there could also be other financial gains…..

The tax cut plan leaves a deficit of one point five trillion dollars. Thune says growth that will come from the economic incentives should more than fill that…..

Republicans have now added a plan to cancel the Affordable Care Act’s insurance mandate, to help pay for the added deficit.

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