A House GOP bill to rewrite the tax code was going to be released on Wednesday, and is now expected on Thursday. The hold up could threaten plans to get it signed into law by year's end.
Republicans in the White House and Congress have billed their tax proposal as a boost for the middle class. But a nonpartisan analysis finds the richest Americans would see the most immediate gains.
President Trump argued for tax cuts on Wednesday in Springfield, Mo. It's the beginning of what aides say will be a concerted push for a tax overhaul, but details are still vague.
Nearly 100 days into Trump's presidency, there are still big questions about what his proposed tax overhaul will include — and whether the large changes he had envisioned are even possible.
The plan laid out by the president-elect is detailed — but different from what he promised during the campaign. His economic team says it will boost the middle class; several experts beg to differ.
In his acceptance speech, Trump pledges investments for U.S. infrastructure, adding a little specificity to his vague campaign promises. Skittish business leaders will watch who he puts on his team.