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In 1 Chart, the Differences Between the House and Senate Tax Reform Bills

House Majority Leader Kevin McCarthy and House Speaker Paul Ryan congratulate each other while celebrating the House passing the Tax Cuts and Jobs Act. (Photo: Chris Kleponis - CNP/Sipa USA/Newscom)

The House has now passed its version of the Tax Cuts and Jobs Act. The Senate is still working on the final details of its reform package. The Senate plan improves on the House bill in many places and misses important opportunities elsewhere. Here are the differences you need to know about:

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