Winners and losers under the Senate tax overhaul proposal
Share
Tweet
November 19, 2017
WASHINGTON (AP) — The ultra-wealthy, especially those with dynastic businesses — like President Donald Trump and his family — do very well under a major Republican tax bill moving in the Senate, as they do under legislation passed this week by the House.
Want to toast the anticipated tax win with champagne or a beer — or maybe you're feeling Shakespearean and prefer to quaff mead from a pewter mug? That would cheer producers of beer, wine, liquor — and mead, the ancient beverage fermented from honey. Tax rates on their sales would be reduced under the Senate bill.
On the other hand, people liv...
For access to this article please
sign in or
subscribe.
Reader Comments(0)