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Senate GOP slashes megabill's tax costs with new accounting method - Finnoexpert
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Senate GOP slashes megabill's tax costs with new accounting method - Finnoexpert
Tax legislation recently unveiled by Senate Republicans only costs $441 billion when tallied using a novel accounting method requested by the GOP. The new estimate by the Joint Committee on Taxation, which was released late Saturday night, shows how Senate Republicans were able to slash the costs of sweeping tax legislation set to be included in the GOP’s sweeping megabill by using a “current policy baseline” — a never-before-used technique that…
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