Republicans are reportedly considering a 5-year phase in of their massive corporate tax cut
- Republicans are considering a five-year phase-in of a cut in the corporate tax rate as part of their bill, according to a Bloomberg report.
- The proposal would lower the federal corporate rate by 3 percentage points per year through 2022 to get to a 20% target.
- This could help lower the amount the bill , a key procedural concern.
Republicans on the House Ways and Means Committee are considering a slow rollout of their massive planned cut in the corporate tax rate, according to a new report.