How President Trump's tax plan affects you, and what we still don't know about it

[ajsuff]

........................ from the D&C .................................

President Donald Trump has revealed some details about a sweeping tax reform plan. The president says he wants tax cuts for everyday working people, not the rich.

Working poor people could owe no income tax, filing a return could get much simpler, and there would even be a new credit for caring for elderly relatives under a tax "framework" being proposed Wednesday by President Trump and Republican leaders in Congress. The plan cuts the top corporate tax rate dramatically and creates a new top rate for small businesses that is lower than the top rate for individuals.

(But there is lots more, especially for those who deduct their taxes and interest on homes)

http://www.democratandchronicle.com/sto ... 705376001/