Republican leaders in the US Congress have unveiled a framework plan to overhaul US taxes, by lowering rates for US corporations and working families.
Over the coming weeks, they aim to negotiate a new law which will also incentivize multi-nationals to repatriate overseas profits.
Critics are concerned that the plan will be based on over-optimistic projections of economic growth and lead to much higher deficits.
House Republican leader Paul Ryan is hoping to provide more resources for working families...
IN: With this plan...
OUT: ...take-home pay.
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Representative Kevin Brady, chair of the committee initiating the tax plan, says it will also help small businesses.
IN: So they can compete...
OUT: ...in the dust.
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