Posted on: December 21, 2017 09:00 AM

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Both House and Senate passes the Republican tax bill

On Wednesday, December 21, the Republican tax bill passed in both Senate and House of Congress. Its the first change of tax code which has not being touched for 30 years. Its a $1.5 trillion package for all tax paying residents and businesses in the US. Despite showing its a benefit for the wealthy and corporations while smaller cuts for the low and middle class income families by Democrats, POTUS is all set to sign the bill to become law.