NTK Short: 5 Facts About the Senate Tax Reform Bill NTK Short: 5 Facts About the Senate Tax Reform Bill – NTK Network

NTK Short: 5 Facts About the Senate Tax Reform Bill

"We're working to give the American people a giant tax cut for Christmas," President Trump declared in November.

By NTK Staff | 11.29.2017 @1:59pm

The NTK Network will start releasing short, informational videos called NTK Shorts about topics that impact Americans.

These NTK Shorts aim to provide readers with facts about topics in the news that will impact average Americans. The first takes a look at the benefits associated with Republican tax reform bill.

“We’re working to give the American people a giant tax cut for Christmas,” President Trump declared in November.

Below are five facts you need to know about what this ‘giant tax cut’ means for you and your family.

The Senate tax plan:

1) Cuts taxes for every income group.

2) Creates $2,200 in savings for the average American middle-class family of four.

3) Includes a $1,377 tax cut for single parents.

4) Doubles the child tax credit.

5) Cuts corporate taxes, making America more competitive.

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