…..Tax cut plan unveiled, or at least a rough draft. House takes another stab at repeal and replace of Obamacare. Possible order to withdraw from Nafta. FCC plans to kill the open internet. 100 senators briefed on North Korea. Financial Review by Sinclair Noe for 04-26-2017 DOW – 21 = 20,975 SPX – 1 = 2387 NAS – 0.27 = 6025 RUT + 8 = 1419 (record close) 10 Y – .02 = 2.31% OIL – .41 = 49.15 GOLD + 5.00 = 1270.00 Here’s the good news – it wasn’t a big down day.   Today was the big reveal on the president’s tax plan. White House chief economic advisor Gary Cohn and Treasury Secretary Steven Mnuchin presented the plan in a briefing to reporters at the White House. It largely echoes the proposal Trump outlined as a candidate and did not include some key details.   Trump’s plan will cut the number of income tax brackets from seven to three, with a top rate of 35 percent and lower rates of 25 percent and 10 percent. It is not clear what income ranges will fall under those brackets. The plan would exempt the first $24,000 of income from taxation.  It would also double the standard deduction. It would eliminate tax deductions, with only a few exceptions, including the mortgage interest, retirement savings and charitable contribution deductions. Trump’s plan would also repeal the alternative minimum tax and 3.8 percent Obamacare taxes. The plan would get rid of the estate ...