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Headline Roundup April 26th, 2017

Trump Tax Plan

Summary from the AllSides News Team

President Trump on Wednesday plans to call for a significant increase in the standard deduction people can claim on their tax returns, potentially putting thousands of dollars each year into the pockets of tens of millions of Americans, according to two people briefed on the plan.

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Trump to propose large increase in deductions Americans can claim on their taxes
Trump to propose large increase in deductions Americans can claim on their taxes

Washington Post

News

President Trump on Wednesday plans to call for a significant increase in the standard deduction people can claim on their tax returns, potentially putting thousands of dollars each year into the pockets of tens of millions of Americans, according to two people briefed on the plan.

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Five things to watch for in Trump’s tax plan
Five things to watch for in Trump’s tax plan

The Hill

News

President Trump is set to release his tax plan on Wednesday.

The announcement of the administration's principles for tax reform will begin a new debate with Congress as the president nears the end of his first 100 days in office.

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Trump tax plan reportedly would cut small business rate to 15 percent
Trump tax plan reportedly would cut small business rate to 15 percent

Fox News Digital

News

President Trump's tax reform plan would cut the top rate for small business owners to 15 percent from 39.6 percent, an official with knowledge of the plan told the Associated Press Tuesday.

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