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News / Politics

Official estimate could upend Trump tax plan before release

By STEPHEN OHLEMACHER and JOSH BOAK, STEPHEN OHLEMACHER and JOSH BOAK, Associated Press
Published: April 25, 2017, 12:14pm

WASHINGTON — A new congressional estimate could upend President Donald Trump’s tax plan even before he releases it.

Trump is scheduled to unveil the broad outlines of a tax overhaul Wednesday that includes a massive cut in the corporate income tax, reducing the top rate from 35 percent to 15 percent.

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