House Republicans on the chief tax-writing Ways and Means Committee are seeking to make the tax cuts and adjustments enacted in the 2017 overhaul of the tax system permanent, a move economists say would stimulate the economy at the same time the Federal Reserve is trying to rein in demand against 40-year-high inflation. Ways and Means Republicans touted a proposal on Wednesday that would extend tax provisions in the Trump administration’s Tax Cuts and Jobs Act. It would renew a 20 percent deduction for businesses, maintain a higher standard deduction and extend lowered tax rates for households. Another bicameral measure proposed by Rep. Jodey Arrington (R-Texas) and Sen. Pat Toome
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