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National Economic Director Gary Cohn (R) and Treasury Secretary Steven Mnuchin unveil the Trump administration’s tax reform proposal in the White House briefing room in Washington, April 26, 2017. REUTERS/Carlos Barria

Trump takes aim at estate, alternative minimum taxes

A summary of Trump's tax plan said the president wants to reduce the number of tax brackets to three from seven, double the standard deduction that Americans can claim on their tax returns and repeal the estate tax and alternative minimum tax.

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