House Ways and Means Committee Chairman Kevin Brady, R-Texas, joined by Speaker of the House Paul Ryan, R-Wis., holds a proposed “postcard tax filing form” as they unveil the GOP’s far-reaching tax overhaul, the first major revamp of the tax system in three decades, on Capitol Hill in Washington on Thursday. (AP Photo/J. Scott Applewhite)

House Ways and Means Committee Chairman Kevin Brady, R-Texas, joined by Speaker of the House Paul Ryan, R-Wis., holds a proposed “postcard tax filing form” as they unveil the GOP’s far-reaching tax overhaul, the first major revamp of the tax system in three decades, on Capitol Hill in Washington on Thursday. (AP Photo/J. Scott Applewhite)

GOP tax plan would slash corporate rate, help wealthiest

Many two-income, upper middle class families would get bumped into a higher tax bracket.

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