Republicans to Reveal Whether They Will Advance Tax Hike on Wealthy

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Republicans to Reveal Whether They Will Advance Tax Hike on Wealthy

Republicans in Congress are expected this week to reveal whether they are willing to go ahead with President Donald Trump's suggestion to raise taxes on the rich, which would break with decades of party orthodoxy.After weeks of closed-door talks, the House Ways and Means Committee is due to unveil full details of tax-cut legislation that would be the centerpiece of a sweeping budget package that also would raise spending on the military and border security.The legislation would build on a measure enacted during Trump's first presidential term that lowered tax rates, especially for the wealthiest.Late on Friday the panel made ..