REPORT Freedom Caucus Is Backing Trump's Tax Plan

  • 09/27/2017
  • Source: Town Hall
  • by: Katie Pavlich
REPORT Freedom Caucus Is Backing Trump's Tax Plan
The House Freedom Caucus, made up of the most conservative members of Congress, is getting behind President Trump's tax plan. 

"President Trump has delivered a forward looking tax reform framework that will let hard working Americans keep more of their money, simplify our system, end carve outs for special interests,  and will help make our businesses competitive abroad. The Freedom Caucus looks forward to sending a final bill based on this framework to President Trump's desk as soon as possible," the Caucus released Wednesday. 

The support comes just hours before President Trump will lay out his plan in greater detail from Indianapolis. Here is what we know about the framework so far:

-The lowest federal income tax bracket for individuals will sit at 12 percent, an increase from 10 percent, but will be offset by an expansion of the child tax credit. There will be three brackets total, down from seven, with the other two at 25 and 35 percent.
 Source: Town Hall

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