The House Ways and Means Committee passed a Republican tax-cut bill on Thursday, advancing a key GOP priority. The measure, which would cut corporate taxes to 20% and eventually eliminate the estate tax, passed the panel by a vote of 24 to 16. It now heads to the House floor. The Senate Finance Committee released its own tax plan earlier Thursday, and the two chambers must agree on a single measure before sending it to President Donald Trump.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News