The Chrysler Building is reflected in the side of the Grand Hyatt Hotel in midtown Manhattan. The hotel on East 42nd Street was Donald Trump's first major development project. Timothy A. Clary/AFP/Getty Images hide caption

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As Trump Built His Real Estate Empire, Tax Breaks Played A Pivotal Role

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Treasury Secretary Steven Mnuchin briefs reporters on President Trump's tax plan at the White House on April 26. Carolyn Kaster/AP hide caption

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Trump's Tax Plan Renews Anxieties About Deficits And The Debt

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A statue of former Treasury Secretary Albert Gallatin stands guard outside the Treasury Building in Washington. Trump's campaign plans for a total overhaul of the U.S. tax code — while maintaining the revenues flowing into the federal government — may have missed their chance in Congress. Jacquelyn Martin/AP hide caption

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Jacquelyn Martin/AP

Some Tax-Cut Backers Urge Trump To Drop Full Overhaul, Go For Quick Win

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There are signs that fewer immigrants in the U.S. illegally are filing taxes than in previous years. Ronnie Kaufman/Getty Images hide caption

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Tax Filings Seen Dipping Amid Trump Crackdown On Illegal Immigration

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People who lacked health insurance for more than three consecutive months in 2016, or who bought individual insurance and got federal help paying the premiums, will need to do a little work to figure out what, if anything, they owe the IRS. Brennan Linsley/AP hide caption

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Brennan Linsley/AP

Tax Day And Health Insurance Under Trump

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President Trump, left, greets House Ways And Means Committee Chairman Kevin Brady, the lead author of Republicans' tax reform plans, before a meeting to discuss the American Health Care Act on March 10 at the White House. Analysts say the GOP's failure to pass its Obamacare alternative bodes poorly for Brady's tax package. Chip Somodevilla/Getty Images hide caption

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What Failure On Obamacare Repeal Means For Tax Reform

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Salaried employees file their income tax papers at an tax office in New Delhi in 2013. Many Indians, including the entire agricultural sector and those living on less than $3,700 a year, are exempt from income tax. The Finance Ministry says just 27 million Indians paid income tax last year. Manish Swarup/AP hide caption

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Why Do So Few People Pay Income Tax In India?

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President Trump attends a meeting on health care at the White House last week. The bill is facing opposition from all sides. Without its passage, everything else on Trump's agenda could be slowed. Michael Reynolds/Getty Images hide caption

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Photo of a blank federal income tax return. The White House confirmed an MSNBC report Tuesday that President Trump paid $38 million in federal taxes in 2005. Mark Lennihan/AP hide caption

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President Trump, during his campaign, and House Speaker Paul Ryan have proposed reducing the number of tax brackets and lowering corporate tax rates. Zach Gibson/Getty Images hide caption

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President Donald Trump delivers remarks to the Conservative Political Action Conference on Feb. 24. Pool/Getty Images hide caption

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Here's What To Watch For When Trump Addresses Congress

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Donald Trump leaves an elevator at Trump Tower in New York City, just prior to delivering a speech in September that outlined his plan for tax reform. Andrew Burton/Getty Images hide caption

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Who Benefits From Donald Trump's Tax Plan?

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Backers of California's Proposition 56 hope to hit people hard enough in the wallet that they quit smoking. Paul Sancya/AP hide caption

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Would California's Proposed Tobacco Tax Hike Reduce Smoking?

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