The New Tax Law

[Gregory Matthews]

The U.S. Senate and House Conference Committee has agreed on the provisions of a law to   change how U.S. Federal taxes are determined.  For those interested, the highlights of this proposed change may be found at:

 http://www.washingtonexaminer.com/gop-tax-bill-highlights-read-the-summary-of-the-legislation-agreed-to-by-the-house-and-senate/article/2643677

Those highlights do not give me all fo the information that I would like to have.  For those who would like more detail, the full bill may be accessed at:

http://www.washingtonexaminer.com/read-the-republican-tax-bill-for-yourself-full-text-of-the-tax-cuts-and-jobs-act/article/2643686

However, this is hundreds of pages long and well beyond what I want to read.  Frankly,  I wonder how many of those  who vote on the bill will actually read it.

 

 

 

[Gregory Matthews]

A 570 page summary of the House & Senate Conference bill that has been voted by Congress may be accessed at:

 http://www.wsj.com/public/resources/documents/JointExplanatoryStatement121517.pdf

This document presents first the House provision, second it presents the Senate provision and then it presents the changed compromise provision that has been voted byk both the House and the Senate.

For those who are interested in the detailed and the fine print, enjoy.