NFIB Weekly News

NFIB Weekly News

Business Climate

House Republicans Struggle To Pass Tax Package.


The Washington Post (11/30, Stein) reported House Republicans are struggling to pass a $54 billion tax package while they are still in control, as some “members press to include more significant tax cuts in a package designed to fix errors in their 2017 tax law, among other changes.” If passed, the bill corrects “several drafting errors in the 2017 Republican tax law including a provision that accidentally penalized the restaurant and retail industry,” overhauls the IRS, and “would extend about 30 temporary tax breaks that are set to expire, as well as implement new retirement provisions.”

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