Under new GOP bill, multimillionaires could dodge the 39.6% tax rate floated by Trump

The multimillionaires who were in President Donald Trump’s sights for a possible tax hike can breathe a little easier. A high-end income-tax rate of 39.6% for multimillionaires didn’t make the cut — so far — in a tax bill coming together in the U.S. House of Representatives.



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