Policy · 114th Congress
5 Issues to Watch When Congress Returns in September
Connecticut Democrat Christopher S. Murphy, who led a nearly 15-hour filibuster forcing the votes, said in a recent interview he will take the issue to the campaign trail.
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Connecticut Democrat Christopher S. Murphy, who led a nearly 15-hour filibuster forcing the votes, said in a recent interview he will take the issue to the campaign trail.
It would also establish a new 25 percent tax on profits from S corporations and other small businesses that pass them directly to shareholders.
GOP tax plan shaped by Ryan and Ways and Means Chairman Kevin Brady of Texas calls for a top individual tax rate of 33 percent, a corporate rate of 20 percent and a new 25 percent tax on profits of S