Home / World News / Six things Colorado should know about the Republican tax bill – The Denver Post

Six things Colorado should know about the Republican tax bill – The Denver Post

WASHINGTON — U.S. House and Senate Republicans on Friday night revealed the details of their $1.5 trillion plan to overhaul the U.S. tax code — an unveiling that comes just days before both chambers are set to vote on the massive proposal and more than likely send it to the White House.

As expected, the 1,097-page bill makes sharp cuts to the corporate tax rate and changes the way income taxes are structured.

The end-of-the-week release drew criticism from Democrats, who argued that it gives the public little time to review the measure.

“Who unveils the text of major legislation on a Friday evening?” U.S. Rep. Diana DeGette, D-Denver, tweeted. “People in a sloppy rush to pass a #GOPTaxScam who want to hide the details.”

Colorado politicians, policymakers, business owners and citizens have closely watched the measure as it bounced around Capitol Hill these past several weeks.

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