republican tax bill

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WASHINGTON, DC - SEPTEMBER 27: Senate Judiciary Committee Chairman Charles Grassley (R-IA) speaks before the Senate Judiciary Committee hearing on the nomination of Brett Kavanaugh to be an associate justice of the Supreme Court of the United States, on Capitol Hill September 27, 2018 in Washington, DC. A professor at Palo Alto University and a research psychologist at the Stanford University School of Medicine, Ford has accused Supreme Court nominee Judge Brett Kavanaugh of sexually assaulting her during a party in 1982 when they were high school students in suburban Maryland. (Photo By Michael Reynolds-Pool/Getty Images)

The Tax Cuts and Jobs Act—Republican tax bill that went into effect last year—has left a lot to be desired, even for many middle class Republicans.

While the bill touted lowered individual tax rates and an increase for the standard deduction, it was heavily criticized for its slashing of corporate tax rates from 35% to 21%—a move many predict will lead to a notable increase in the deficit.

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