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Article snippet: Senate Finance Committee Chairman MORE (R-Utah) released modifications to the Senate tax bill late Tuesday, including the effective elimination of ObamaCare's individual mandate and the expiration of tax changes for individuals after 2025. Hatch said in a statement that by repealing the mandate "we not only ease the financial burdens already associated with the mandate, but also generate additional revenue to provide more tax relief to [middle-class] individuals." Hatch's "modified mark" would essentially repeal the individual mandate by reducing to zero the penalty people pay if they don't have health insurance. President Trump and a number of conservative lawmakers have been pushing for tax legislation to include repeal of mandate. But including the provision could make it harder to get centrists to back the bill. Hatch's modifications also include several provisions aimed at helping the middle class and shoring up support from GOP senators. These include increasing the child tax credit to $2,000 from $1,650 in the original bill and further lowering some of the individual tax rates. Sens. MORE (R-Utah) have been pushing for a larger child tax credit expansion. But the modified mark would also sunset the measure's changes to the individual tax code, excluding the mandate repeal, after 2025. Provisions that would sunset include the lower tax rates, the larger standard deduction and child tax credit, the 17.4 percent deduction of income from pass-through business... Link to the full article to read more