In new tax plan, Trump promises to do what Reagan couldn't; Trump tells leaders of Mexico, Canada that he won't pull out of NAFTA 'at this time'; Marine Le Pen's narrow path to French victory: Get opponents to stay home; From 'build that wall' to kick the can: Trump's border promise might be hard to break; | | | Democracy Dies in Darkness | | | | | The morning's most important stories, selected by Post editors | | | | | Trump goes big on tax overhaul plan that would affect most Americans | The president's one-page outline for changes to the tax code would reduce the current seven income tax brackets to three, cut the corporate tax rate by more than 50 percent and abolish the alternative-minimum tax and estate tax. Trump administration officials didn't address how much the plan would reduce federal revenue or grow the debt. | By Damian Paletta • Read more » | Wonkblog | Analysis | In new tax plan, Trump promises to do what Reagan couldn't | The president's advisers touted the proposed tax cuts as the start of an economic renaissance that would supercharge the U.S. economy and pare the federal debt, but economists were very skeptical that the plan could deliver the level of growth Trump promised. | By Max Ehrenfreund • Read more » | | | | | | | | | | | | ©2017 The Washington Post, 1301 K St NW, Washington DC 20071 | | | | | | | |
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