Tax reform is a confusing topic. Doc broke down some of the big things you should know, including how the GOP’s tax bill would immediately affect you in January and why the expanded child tax credit isn’t really a conservative policy.
Here are some of the points Doc covered in this clip:
- The bill should mean a tax break for you
- If it passes in Congress, the bill will repeal the Obamacare mandate
- Businesses will get a big corporate tax cut, from 35% to 21%
- Sen. Marco Rubio fought for an expanded child tax credit; what does that mean?