The White House on Wednesday unveiled President Donald Trump’s tax cut plan, which includes repeal of the death tax and the alternative minimum tax and the reduction of the seven tax brackets down to only three.

“The president is going to seize this opportunity by leading the most significant tax reform legislation since 1986 and one of the biggest tax cuts in the American history,” National Economic Director Gary Cohn said at the White House.

“The president has focused on three things since his campaign: job creation, economic growth and helping the low and middle-income families who have been left behind by this economy,” Cohn said.

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