Home News National Trump plan promises huge tax cuts, but questions remain

Trump plan promises huge tax cuts, but questions remain

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WASHINGTON — Promising big tax cuts and a booming economy, President Donald Trump and congressional Republicans unveiled the first major revamp of the nation’s tax code in a generation Wednesday — a sweeping, nearly $6 trillion tax cut that would deeply reduce levies for corporations, simplify everyone’s brackets and nearly double the standard deduction used by most Americans.

Trump declared repeatedly the plan would provide badly needed tax relief for the middle class. But there are too many gaps in the proposal to know how it actually would affect individual taxpayers and families, how it would be paid for and how

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