The GOP’s dream may become reality

Mark Garrison Nov 21, 2016
HTML EMBED:
COPY
Speaker of the House Paul Ryan addresses a news conference to introduce the House Republicans' tax reform proposal with House Ways and Means Committee Chairman Kevin Brady and House Majority Whip Steve Scalise in the Rayburn Room at the U.S. Capitol June 24, 2016 in Washington, DC.    Chip Somodevilla/Getty Images

The GOP’s dream may become reality

Mark Garrison Nov 21, 2016
Speaker of the House Paul Ryan addresses a news conference to introduce the House Republicans' tax reform proposal with House Ways and Means Committee Chairman Kevin Brady and House Majority Whip Steve Scalise in the Rayburn Room at the U.S. Capitol June 24, 2016 in Washington, DC.    Chip Somodevilla/Getty Images
HTML EMBED:
COPY

This is it, Republicans’ best chance at reforming the tax code. For years, the GOP has tried to craft a comprehensive plan that would close loopholes, end many deductions and collapse income tax brackets down to just a few — not to mention cut tax rates for many. Now, with the incoming Trump presidency and control of both chambers of Congress, we take a closer look at the GOP’s plans.

Click the audio player for the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.