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PBS News Hour

Who benefits from the new GOP tax plan?

Who benefits from the new GOP tax plan?

Aired 12/16/2017

PBS News Hour

Who benefits from the new GOP tax plan?

Clip: 12/16/2017 | 4m 3sVideo has Closed Captions

Who benefits from the new GOP tax plan?

On Friday, the GOP released the final details of their new tax plan, which will overhaul America’s tax code for the first time in decades. While standard deduction has nearly doubled, corporate taxes have been slashed from 35 percent to 21 percent. The changes are expected to increase the deficit to nearly $1.5 trillion. Politico reporter Aaron Lorenzo joins Hari Sreenivasan from Washington, D.C.

Aired 12/16/2017

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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