‎Latest News : GOP Tax Plan to Allow for Top Individual Rate Above 35%

‎Latest News : GOP Tax Plan to Allow for Top Individual Rate Above 35%

The Republican tax plan being released Wednesday will open the door to a top individual tax rate that is higher than the 35% that has been in previous plans, according to people familiar with the discussions.

The document won't offer any details about that additional top rate, and it would give Congress discretion to propose something to meet lawmakers' goals for the distribution of the tax burden.

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