Question: A recent proposal to tax reduction was passed in the US Senate. How many votes passed in this Senate bill?
(a) 49
(b) 51
(c) 52
(d) 54
Answer: (b)
Related Facts:
- 2 December, 2017 Important proposals related to tax deduction were passed in the US Senate.
- Senate passed this bill with 51 votes compared to 49.
- This proposal has reduced the corporate tax rate from 35 percent to 20 percent.
- It is the fact that since 1980, the proposal has been introduced for the first time to change this tax. To implement new tax rates, it will have to make a bill by applying proposals passed from the Senate and House of Representatives. After this, it will have to be passed again by both houses, then it will become law.
Reference:
http://www.bbc.com/news/world-us-canada-42421821
http://www.thehindu.com/news/international/us-senate-passes-donald-trumps-tax-reform-bill/article22023339.ece