Trump 's tax reform plan: Who are the winners and losers?
President Donald Trump and congressional Republicans  unveiled Wednesday  their  plan for a massive tax overhaul.
Corporations with high tax rates: The framework lowers the corporate tax rate to 20 percent from 35 percent.  Trump  initially wanted to lower  it  to 15 percent but said  his  âred lineâ for the rate is 20.
 It  also lowers the tax rate for small businesses to 25 percent. The majority of small business owners would use the extra cash to expand businesses and hire additional employees  Alfredo Ortiz  president of the nonprofit Job Creators Network  told Fox News.
 Trump  has said  he  wants to put H&R Block "out of business."
President  [TGT]  and congressional Republicans  unveiled Wednesday  their  plan for a massive tax overhaul.
Corporations with high tax rates: The framework lowers the corporate tax rate to 20 percent from 35 percent.  Trump  initially wanted to lower  it  to 15 percent but said  his  âred lineâ for the rate is 20.
 It  also lowers the tax rate for small businesses to 25 percent. The majority of small business owners would use the extra cash to expand businesses and hire additional employees  Alfredo Ortiz  president of the nonprofit Job Creators Network  told Fox News.
 Trump  has said  he  wants to put H&R Block "out of business."