Trump signs $1.5 trillion U.S. tax bill into law

U.S. President Donald Trump signed a $1.5 trillion tax bill into law on Friday, the biggest tax overhaul in 30 years that marked his first major legislative victory since taking office in January.The law, which takes effect at the start of 2018, features a cut in the corporate tax rate to 21 percent from the current 35 percent and reduces income tax for the highest-earning Americans to 37 percent from 39.6 percent."This is the biggest tax cuts and reform in the history of our country," Trump told reporters at the Oval Office. "I consider this very much a bill for the middle class and a bill…READ FULL ARTICLE