Republicans Finally Have Kumbaya Moment on Tax Bill

House and Senate Republicans are working busily to reconcile their versions of the tax bill, but it’s tough sledding. They have a lot of disagreements to hammer out, and of course they also have to deal with demands from Donald Trump. What, oh what, can finally bring them together?

Congressional Republicans are in advanced talks to lower the top tax rate for individuals from 39.6 percent to 37 percent as they finalize a massive $1.5 trillion tax package, said three people familiar with the negotiations.

….The change, if finalized, would amount to a major tax cut for the wealthiest Americans….After the House and Senate passed their versions of the tax bill, complaints from wealthy Americans – particularly in New York – grew louder….Trump has received an earful from friends and supporters in New York, and last week signaled that he could support changes that he said would help a “sliver” of people.

It’s heartwarming, isn’t it? When things are at their roughest, Republicans can always find comfort in the old traditions.

HERE ARE THE FACTS:

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As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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