The Tax Cuts and Jobs Act is being marked up by the House Ways and Means Committee this week. If passed, it would be the first major overhaul to the tax code in decades. So how would the GOP-proposed tax plan impact you and your business? Erin Delmore, Senior Political Correspondent at Bustle, and Gene Marks, CPA and Small Business Expert, discuss the implications of the proposal. The plan would lower the U.S. corporate tax rate from 35% to 20%. Marks says that a lower rate would mean businesses have more money to reinvest and eventually create more jobs. Pass-through business owners could also benefit from lower tax rates. That means partners at law firms, real estate companies, and other partnerships could save extra money.