What You Need to Know About the GOP Tax Plan

House Republicans on Thursday unveiled their plan to update the nation’s tax code.

Tax reform should simplify the current tax code, lower tax rates on individuals and businesses, and update the business tax system to make the U.S. competitive again and remove barriers to investment and job creation. A plan that does that has the potential to unleash higher wages, create more jobs, and spread untold opportunity through a larger and more dynamic economy.

Heritage Foundation experts are providing their assessment of how well the GOP tax plan measures up against these goals. This page will be updated throughout the day with their analysis. Stay tuned for updates.

Source material can be found at this site.

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