Stock portfolios gifted to them by their parents may keep climbing because of lower corporate tax rates. Government and outside analyses of the House and Senate tax bills show that the benefits would flow disproportionately to the wealthy. Aides to President Donald Trump argue that lower tax rates for companies and the wealthy would trickle into substantial pay raises for middle-income workers. The result is that fewer rich families would pay any tax on inherited estates. ———CHILD TAX CREDITRepublican lawmakers would raise the Child Tax Credit, with the Senate bill doubling it temporarily from $1,000 to $2,000.

Source: ABC News December 06, 2017 19:26 UTC