President Trump has outlined his plan for what he calls the "largest tax cut in history for middle-class working Americans," which includes:
• Eliminating taxes on tips
• Exempting seniors' Social Security income from taxation
• Removing taxes on overtime pay
• Renewing Trump's middle-class tax cuts
• Adjusting the SALT cap
• Eliminating special tax breaks for billionaire sports team owners
• Closing the carried interest tax loophole
• Implementing tax cuts for "Made in America" products