…..Russell 2000 record. Tax plan unveiled, minus details. Treasuries slammed. Durable goods orders jump. Commerce slaps duties on Bombardier. Fewer contracts on homes. Sonic hack. Amazon has new stuff. Google turns 19. Financial Review by Sinclair Noe for 09-27-2017   DOW + 56 = 22,340 SPX + 10 = 2507 NAS + 73 = 6453 RUT + 28 = 1485 (record) 10 Y + .08 = 2.31% OIL + .18 = 52.06 GOLD – 11.20 = 1283.40   The Russell 2000 Index hit a new record high. The S&P 500 index hit an intraday record high but could not take out last week’s closing high.   The Trump Administration finally unveiled their tax cut plan, 9 pages of it (click here for full text). Trump spoke in Indiana today. The framework shrinks the number of tax rates to just three from seven today. The proposed rates are 12%, 25% and 35%. But it will be up to the tax committees to assign income ranges to each rate. The 12% bottom rate is actually higher than today’s lowest rate of 10%.   The plan doubles the standard deduction, to $24,000 for married couples and $12,000 for single filers. The framework proposes the elimination of most itemized deductions, including the state and local tax deduction. It also eliminates personal exemptions, worth $4,050 per person. So, a family of four could no longer reduce their taxable income by more than $16,000. Now this bears a closer look. Here’s the important fine print, the plan ...