Ryan, Pence To Promote GOP Tax Plan

Vice President Mike Pence will plug the Republicans’ new tax plan today (Thursday) at a company in Waukesha, while House Speaker Paul Ryan of Janesville does the same at a plant near Philadelphia. The package changes individual income tax rates, doubles the standard deductions, ends the alternative minimum tax, and grants a number of tax breaks to businesses. We don’t know what the first brackets would be, so it’s uncertain how the package would affect families — but President Donald Trump told an audience in Indianapolis it would help the middle class. Trump also refuted Democratic claims that the package would benefit mostly the wealthy, claiming that he would not benefit personally.