President Donald Trump released his plan to radically remake the tax code on Wednesday. According to initial media reports, the President’s proposal would slash the corporate tax rate, boost the standard deduction for individual taxpayers and eliminate the estate tax entirely. In addition, the plan would also repeal the Alternative Minimum Tax for individuals as well as institute a one-time tax on corporate earnings held overseas. Although there will be many stories and articles written about the tax reform plan as it moves through the process, we wanted to at least generally on its release this week!