Republicans Propose Big Tax Cuts, But Target Popular Deductions

House Republicans unveiled a draft tax bill on Thursday, calling for deep cuts in both individual and corporate tax rates.

"With this bill, we will grow our economy by delivering more jobs, fairer taxes, and bigger paychecks to Americans of all walks of life," said Rep. Kevin Brady, R-Texas, chairman of the House Ways and Means Committee.

Here are some of the highlights of the bill (you can read the full text here): - More, NPR

Republicans Propose Big Tax Cuts, But Target Popular Deductions