The White House on Wednesday unveiled points in a dramatic tax proposal that leans heavily on tax cuts, but leaves many questions unanswered.

So far, President Trump wants to slash individual tax rates[1] -- cutting the top rate from 39.6% to 35% -- and reduce the number of totalÿrates from seven to three. He also wants to cut the top tax rate for all businesses to 15%, far below the current top rates.

The administration's tax outline will be met with a lot of skepticism[2] among lawmakers, even though Republicans control Congress. In fact, some GOP aides suggest that the White House -- with its emphasis on tax cuts and too fewÿdetails on how they'd be paid for -- is not constructively contributing to a serious discussion of tax reform.

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[1] http://money.cnn.com/2017/04/26/news/economy/trump-tax-plan/index.html
[2] http://www.cnn.com/2017/04/26/politics/congress-tax-reform-analysis/index.html?iid=EL
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