GOP Tax Plan, Trump Talks Jerry, Online Predator Sting: Your Wednesday Evening Roundup

Good evening. Here are some stories you may have missed today.Do you want to get this roundup via email? Sign up for our newsletters here.Winners and losers in GOP's plan to slash tax rates, streamline code as part of massive revampThe tax revamp being unveiled Wednesday by President Donald Trump and other top Republicans would reshape Americans' relationship with the government in a major way.Most taxpayers — individuals and businesses alike — would see a drop in tax rates. The Treasury would lose hundreds of billions of dollars in revenue. A maze of paperwork from the Internal Revenue Service would, in many cases, be replaced with a postcard filing system.And, of course, there would be winners and losers.The exact scorecard remains up in the air as GOP leaders have punted on some of the toughest decisions that come with such an overhaul. Factors that Congress will have to sort out include which breaks to cut to recoup lost revenue and where to set a new slate of individual brackets.But the White House released enough details ahead of Trump's speech to start marking up the ledger.Health care: Arlington amputee Michael Orlie voted for Donald Trump, expecting a repeal and replace of the Affordable Care Act. Since then, he's been frustrated that the government hasn't been able to compromise.Watch: Washington correspondent Tom Benning answered questions about the GOP tax plan and what it means for Texans.  Continue reading...

Read More

Copyright The Dallas Morning News
Contact Us