Here are the winners and losers in the Republican tax bill

By Emily Birnbaum and Steven T. Dennis, Bloomberg

Wealthy Americans and business investors are among the big winners in House Republicans’ draft tax legislation while targets of President Donald Trump’s ire such as immigrants and elite universities were hammered.

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The tax plan is likely to undergo significant changes as it winds through the House and then the Senate. But the committees’ drafts released this week have set up initial goalposts.

Here’s who’s winning and losing so far in the tax fight.

WINNERS

Multimillionaires

The rich would dodge a tax increase and gain the ability to pass more wealth on to their heirs in the bill approved early Wednesday by the House’s tax co