Trump Tax Cut, Pension Rally, Gang Life: Your Wednesday Evening News 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.Trump's plan for the 'biggest tax cut' in U.S. history features sharp cuts to business taxesThe White House unveiled President Donald Trump’s plan for the "largest tax reform ever," according to administration officials, in a one-page policy paper that left most of the details to Congress.Here are the three things to know: It’s big for business. It’s a budget buster. It doesn't have a border adjustment tax.A 15 percent corporate tax rate — down from 35 percent — creates massive budget problems. The lack of a border adjustment tax clashes with the House GOP's plan. And Trump's focus on reducing rates for "pass-through" businesses, such as his own, is sure to rile skeptical Democrats.Some experts predict that the White House will learn the lessons from its failed health care overhaul last month.And: Debate continues this afternoon in the Texas House on the 'sanctuary cities' bill.Commentary: Texas needs tougher laws to reel in mail-in vote fraud, writes political columnist Gromer Jeffers Jr.  Continue reading...

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