Here’s a summary of the GOP Tax Plan set to be announced by the Trump administration later on Wednesday.

Goals:

-Tax relief for middle-class families.

-The simplicity of “postcard” tax filing for the vast majority of Americans.

-Tax relief for businesses, especially small businesses.

-Ending incentives to ship jobs, capital, and tax revenue overseas.

-Broadening the tax base and providing greater fairness for all Americans by closing special interest tax rates and loopholes.

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