Donald Trump

The president is directing the Treasury to review regs to see if they’re too burdensome.

Administration officials are suggesting it might not be revenue-neutral.

The president is signing an executive order Friday directing Treasury Secretary Steven Mnuchin to review any significant tax regulations from last year, especially those that might burden Americans.

Treasury Secretary predicts the Trump administration will produce an ambitious plan to overhaul the U.S. tax code “soon.”

The nonpartisan Committee for a Responsible Budget, which opposes big budget deficits, believes the president's legislative strategy stems from a misconception.

Analysts suggest tax changes may not come before the end of the year.

As the annual deadline approaches for Americans to file their taxes, views about whether the president should be required to release his own taxes are mixed, according to a new poll.

The Trump administration is still committed to passing a tax code overhaul this year, though it may not be completed by August.

Eight weeks ago the president said he would be releasing a “phenomenal” tax plan within two or three weeks. But there’s no sign of a plan yet, and mixed signals from the White House are imperiling Republican promises of speedy action.

As President Donald Trump huddles with advisers over plans for a tax overhaul, Congress is considering options to soften a controversial centerpiece of the House Republicans’ tax plan—a step that might mean smaller tax cuts for corporations.