Trump Tax Plan
Summary from the AllSides News Team
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From the Left
Trump to propose large increase in deductions Americans can claim on their taxesPresident 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.
From the Center
Five things to watch for in Trump’s tax planPresident 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.
From the Right
Trump tax plan reportedly would cut small business rate to 15 percentPresident 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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