President Donald Trump on Friday signed the Republican tax overhaul into law, enacting the most significant remake of the U.S. tax code in more than three decades. The $1.5 trillion tax cut permanently slashes the corporate rate to 21% while temporarily cutting individual rates. Among many other provisions, it also nearly doubles the standard deduction and eliminates the personal exemption. No Democrats voted for the bill in either the House or Senate. Trump also signed a bill to keep the government running through Jan. 19.
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