House republicans have released their tax cut plan, which would cut corporate tax rates, lower taxes for most people, and limit a long-time mortgage deduction for home owners.
South Dakota Congresswoman Kristi Noem says it is the result of a long process
Bill sponsors say it would give every family an average tax cut of over eleven hundred dollars. Noem says that would be higher in South Dakota
While the tax cut could increase the deficit by one point five trillion dollars, Noem says economic growth of up to nine percent a year should erase that
Noem says the Ways & Means Committee will begin the mark up process next week.
(WNAX)