Economy

How the Senate GOP tax bill differs from the House version

By Joseph Lawler
Published November 9, 2017 8:01pm ET
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How the Senate GOP tax bill differs from the House version
Senate Republicans unveiled their tax reform bill on Thursday. The bill would completely eliminate the deduction for state and local taxes. It would also eliminate deductions for property taxes and income or sales taxes, raising more revenue to devote to lowering tax rates. (AP Photo/J. Scott Applewhite) | J. Scott Applewhite

Senate Republicans began rolling out tax legislation Thursday that complements the House version but also departs from it in some key ways.

Among the major differences:

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Congress House of Representatives Joseph Lawler Republicans Tax Reform Taxes