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President Trump holds up "Simple, Fair, 'Postcard' Tax Filing" cards as U.S. House Speaker Paul Ryan, left, and House Ways & Means Committee Chair Kevin Brady on Thursday, Nov. 2 Bloomberg News
After months of discussion and anticipation, Congressional Republicans released their proposed legislation for tax reform on Thursday. The Tax Cuts and Jobs Act will go to the House Ways and Means Committee for markup on Nov. 6, so haggling remains, and not everything in the proposed act may make it into law, but, in the meantime, here are some of the main features of the bill.