Article snippet: Most popular on BostonGlobe.com Based on what you've read recently, you might be interested in theses stories WASHINGTON — House Republicans on Thursday unveiled a tax cut plan that slashes the corporate tax rate, lowers taxes for most Americans but limits a cherished deduction for homeowners as President Donald Trump and the GOP seek to deliver on the first tax revamp in three decades. The proposal would add $1.5 trillion to the nation’s debt over the next decade as Republicans largely abandoned fiscal discipline in a desire to secure a legislative achievement for Trump and score a political win ahead of next year’s midterm elections. Middle-income families would pay less, thanks to doubling of the standard deduction and an increase in the child tax credit. Wealthy Americans, like Trump, would benefit from the repeal of the alternative minimum tax and phase out of the estate tax. Some two-income, upper middle class families would pay more after being bumped into a higher tax bracket and losing a valuable deduction on state income taxes. GOP leaders briefed rank-and-file lawmakers on the proposal Thursday morning ahead of a show-of-unity event at the White House with Trump. ‘‘Today is the day. We are introducing legislation that will cut your taxes & make the entire system more simple. This will be a game-changer,’’ Speaker Paul Ryan, R-Wis., said on Twitter. The proposal would leave intact the existing rules on 401(k) retirement accounts and the ... Link to the full article to read more