Congress Passes Historic Tax Reform Bill

What the biggest tax code overhaul in three decades means for you

President Donald Trump celebrates the passage of the tax bill, while flanked by members of Congress, on the South Lawn of the White House in Washington, Dec. 20, 2017. Charlotte Cuthbertson/The Epoch Times

WASHINGTON—Congress voted in favor of President Donald Trump’s landmark tax plan on Dec. 20, paving the way for the first sweeping rewrite of the U.S. tax code since the Reagan years.

“It’s the largest tax cut in the history of our country,” said Trump at the White House during an afternoon event marking the bill’s passage.