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The Debate

Defining moment? The impact of Trump's big tax shake-up

The House of Representatives has put the final touches on a tax reform bill that's been characterized in some quarters as a whopping big Christmas present to the rich. Despite public opinion opposing the plan by a two-to-one margin, Republicans are rallying behind legislation that should most notably slash the corporate tax rate from 35 to 21 percent. It's about the only issue where Trump and a majority of Republicans agree: the role of government.

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Produced by Daniel BARNEY, Alessandro XENOS, Van MEGUERDITCHIAN.

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