Grothman Gets Peek At Latest Tax Reform Package Tonight
Congressman Glenn Grothman feels President Trump’s tax reform package will lead to more job creation. That will in part be done by reducing the corporate tax rate. The corporate rate is 35 percent with a proposal to reduce it to 21 percent. Some corporations will pay more taxes, but Grothman feels reducing the rate will make America more competitive. Grothman will get a look at the latest proposals tonight, but he believes most people who make less than $100,000 will see their income tax rates reduced. Congress will be voting on the new tax reform package next Tuesday or Wednesday. Grothman says not everyone will benefit through the package.