title: BREAKING NEWS: TRUMP ADMIN ANNOUNCES “MASSIVE TAX CUT” For Businesses And Massive Tax Reform [VIDEO]
text: President Trump s  2017 Tax Reform for Economic Growth and American Jobs  was announced today by National Economic Director Cohn and Treasury Secretary Mnuchin:Three Key Things to Remember (see photo below):-Repeal the Alternative Minimum Tax-Reduce the top Cap Gains rate to 20%-Repeal the so-called  death tax. TAX PLAN REDUCES CURRENT 7 TAX BRACKETS TO 3 AND DOUBLES STANDARD DEDUCTION    GARY COHN, NAT L ECONOMIC DIRECTOR: ENTIRE SPEECH BELOW THIS VIDEOTax plan reduces current 7 tax brackets to 3 and doubles standard deduction, National Economic Director Cohn says https://t.co/T5uqoA85rO pic.twitter.com/hAOtIOh2WP  CBS News (@CBSNews) April 26, 2017TAX REFORM FOR 2017:  Tax reform plan reduces corporate tax rate to 15%; medium and small-sized businesses eligible for rate    Treasurey Secretary Mnuchin -ENTIRE SPEECH BELOW THIS VIDEO:Tax reform plan reduces corporate tax rate to 15%; medium and small-sized businesses eligible for rate, Mnuchin says https://t.co/T5uqoA85rO pic.twitter.com/zavdOihq9E  CBS News (@CBSNews) April 26, 2017ENTIRE SPEECH: 