Over several months, tax cuts for families were either stymied or scaled back. Bannon “pushed that for several weeks as a way to gather political support for the tax bill. So leaders began to make a priority of what they thought the entire party could rally around: big corporate tax cuts. So in a last-minute decision, Republicans cut the duration of the family tax credit in half — ending it after only five years — to make the corporate tax cut permanent. Ultimately, Johnson managed to extract an additional $114 billion in tax cuts for these entities out of GOP leaders.
Source: Washington Post December 10, 2017 00:23 UTC