Republican tax plan would raise lowest individual tax rate to 12% from 10% — report

Taxes going up for the lowest earners

I find it hard to believe that’s truly the plan, but that’s what Axios is reporting.

That’s paired with a doubling of the standard (tax free) deduction to $12,000, so it might be an effective cut but the optics wouldn’t look great.

Axios also reports that Trump won’t go into much detail tomorrow.

A separate report says Trump will increase the child tax credit.

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