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$1.5T tax cut will make 2018 a monster year for trucking

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Dec 21, 2017 at 12:59 PM CST
https://www.freightwaves.com/news/2017/12/20/15t-tax-cut-will-make-2018-a-monster-year-for-trucking Today House Republicans rushed through a second vote approving their sweeping tax reform package, 224-201, after making last minute changes to comply with Senate budgetary rules. Yesterday the tax bill passed the Senate 51-48. The tax cut is the most significant legislative victory scored by the GOP since taking control of both chambers in January 2015, when they assumed majority control of the Senate. The bill is expected to have broad effects on the economy, carving deep and permanent cuts into corporate tax rates as well as lowering individual income taxes for five years.

Dec 21, 2017 at 12:59 PM CST