Vice President Mike Pence made a two day stop in Michigan to rally support for the new Tax reform. He spoke to the workers at the American Axial and Manufacturing company about what this new bill would do if passed. Some of the main points are that it would simplify the tax code by reducing the 7 tax brackets to 3 and make filing easier. Also, this bill would eliminate the estate tax and eliminates some tax deductions. But if a big tax brake like this one passes a big question is where will the money come from? That is a question that has yet to be answered. One thing is for sure that to pass this bill both sides will have to work together.
Watch the story on the visit here