Read Senate GOP's tax bill

Read Senate GOP's tax bill
© Greg Nash

Senate Republicans unveiled their own tax cut bill on Thursday.

The bill breaks with both House Republicans and President Trump by delaying corporate tax cuts by one year and by repealing the deduction on state and local taxes.

Sen. Orrin HatchOrrin Grant HatchOn The Money: Trump imposes B in tariffs on China | China blasts 'fickle' Trump, promises payback | Trump to name consumer bureau director next week Trump announces tariffs on billion in Chinese goods Dems best GOP as Scalise returns for annual charity baseball game MORE (R-Utah), the chair of the Senate Finance Committee, released his version of the Senate GOP tax bill Thursday night. While he has not released legislative language, the document gives a detailed account of what is to be included in the bill. 

If the bill does pass the upper chamber, it would set up a difficult negotiation with the House.

Below is a copy of the Senate's tax cut proposal:



Senate GOP's tax cut proposal by M Mali on Scribd