PBS NewsHour

Who benefits from the new GOP tax plan?

Clip: 12/16/2017 | 4m 3s

On Friday, the GOP released the final details of their new tax plan, which will overhaul America’s tax code for the first time in decades. While standard deduction has nearly doubled, corporate taxes have been slashed from 35 percent to 21 percent. The changes are expected to increase the deficit to nearly $1.5 trillion. Politico reporter Aaron Lorenzo joins Hari Sreenivasan from Washington, D.C.

Aired: 12/16/17

Rating: NR

Video has closed captioning.

The full episode is no longer available for online streaming. Why?

Please continue to enjoy extra(s) from this episode.

Problems Playing Video?