FILE PHOTO: U.S. President Donald Trump faces a news conference at the White House in Washington, U.S., February 16, 2017. REUTERS/Kevin Lamarque
WASHINGTON (Reuters) - President Donald Trump will release a tax plan on Wednesday that proposes to sharply slash rates on businesses and overseas corporate profits returned to the United States, officials said.
The Trump administration is touting the blueprint, which also calls for higher standard deductions for individuals, as a landmark tax cut just days before the Republican president marks his 100th day in office on Saturday.
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