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Thursday, July 31, 2014, 9:03 p.m.

GOP tax-overhaul plan ready

The Republican plan to overhaul and simplify the nation’s tax code is expected to call for a cut in the top corporate income rate, to 25 percent from 35 percent, and a reduction of the seven individual tax brackets to two, at 10 percent and 25 percent, aides familiar with the proposal said.

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Photographs by J. SCOTT APPLEWHITE / AP

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  • Headline: GOP tax-overhaul plan ready
  • Publication: Front Section, Pages 1 on 02/26/2014
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