No Images? Click here President Donald Trump plans to unveil Wednesday what the White House is calling a “middle-class” tax cut but which at this point cuts taxes only for business owners and the wealthy.Shareholders of corporations would enjoy a rate cut from the current maximum of 35 percent down to 20 percent, according to a White House briefing Tuesday. Owners of “small businesses,” who pay taxes on their individual returns rather than with a corporate filing, would pay no more than 25 percent, instead of the current maximum of 39.6 percent. And the wealthiest Americans would see that top 39.6 percent rate fall to 35 percent.As for lower- and middle-class Americans, three Trump administration officials who spoke on the condition of anonymity would say only that Trump and House and Senate Republican leaders are promising to set rates and tax bracket thresholds so that those taxpayers would enjoy the most savings.“This package is completely designed with the middle class in mind,” one of the officials said. “Tax relief in this package is focused on middle-class families.”The details of how that would happen, though, is left to the House and Senate tax committees.WHAT ELSE IS HAPPENING?Roy Moore, the former judge who won Alabama’s Republican Senate primary on Tuesday, is no stranger to state politics. Nor is he a stranger to controversy. “We are talking about someone who is truly, truly unhinged,” said Richard Cohen, president of the Montgomery, Alabama-based Southern Poverty Law Center.Trump said he is "not happy" with his Health and Human Services secretary, Tom Price, for chartering private planes for official business. Price's travel is now under investigation in the House.A week after Hurricane Maria, many Americans still haven't heard from loved ones in Puerto Rico. Word of mouth is the only way some know if family and friends are all right.ICYMI
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