WASHINGTON (AP) – The Latest on the Republican effort to overhaul the tax system (all times local):
4:35 p.m.
The White House and congressional Republicans are finalizing a tax plan that would slash the corporate rate while likely reducing the levy for the wealthiest Americans.
President Donald Trump is preparing to roll out the policy proposal this week.
Trump campaigned on delivering the first major overhaul of the tax code in three decades. The president has been pushing to simplify the tax code and will announce the framework during a stop in Indiana on Wednesday.