<em>The Atlantic</em> Daily: Taxing Times
What We’re Following
Trump’s Tax Plan: The president released an outline of his proposed reforms to the U.S. tax code, which include reducing the number of individual tax brackets and cutting the corporate tax rate from 35 to 15 percent. Though Treasury Secretary Steven Mnuchin is optimistic about what the plan will accomplish, the changes are likely to exacerbate the national debt—and with most of its benefits going to high-income households, the proposal won’t get much support from Democrats. Here’s a guide to the single-page plan and what it means.
House conservatives have reached a deal with the White House on a new amendment to the, but they have a lot to lose politically—and it doesn’t help that this version of the bill .Also in health news: A growing number of scientists argue that medicine’s classical view of cancer fails to address how the disease evolves—and that a better understanding of that evolution .
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