United States House Committee on Ways and Means

The draft legislation is less plutocratic than an earlier outline, for whatever that's worth.
Not even the middle class is a clear winner in the Republican plan.
Just how badly does Corporate America need a tax cut right now?
President Donald Trump, though, has been adamant about ending it.
Their plan simplifies the tax code partly by taking away some benefits.
Republicans favor new restrictions on the earned income tax credit.
The tax code offers powerful tool for boosting wages, which Republicans and Democrats have expanded in the past. That may be changing.
At this point, I would not be surprised if the GOP loses both Houses in 2018.