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So last week, House Republicans released a plan to overhaul the nation’s tax code.

If approved in the Senate and signed into law by the president, it would be the first major tax overhaul in more than a generation.

On this week’s episode of Teach Me How to Money, our lead financial writer Jeremy Quittner breaks it down and tell us what it could all mean for you.

Read more: The GOP Tax Plan: All the Details

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