KPIX KPIX 5 News At 5AM December 19, 2017
Still green for drivers. A 10 minute ride into San Francisco. Back over to you. Well today, house represcribes are expected to pass their plan to overhaul the nations tax code. Then the senate will vote and likely send the bill to the president for his signature. Heres whats included. The Corporate Tax rate will decrease to 21 . The standard deduction will increase to 12,000 for individuals, and 24,000 for couples. But the personal exception is eliminated, which will offset a large chunk of those savings for many people. Homeowners with new mortgages can duct interest on the first 750,000, whi...
Source: archive.org
