Trump Administration Rolls Out New Tax Plan

Today, President Trump proposed his new tax plan, which promises to repeal the estate tax. The proposal also reduces the number of income tax brackets and slashes the corporate tax rate. The Trump Administration is calling this blueprint one of the largest tax cuts and overhauls in tax history, vowing to create economic growth and jobs.

See Alan Rappeport & Julie Hirschfeld Davis, White House Proposes Slashing Tax Rates for Individuals and Businesses, N.Y. Times, April 26, 2017.