The White House made tax reform the centerpiece of its busy 97th day in office, unveiling a proposal that would sharply lower taxes for individuals and businesses and eliminate key deductions. Though its one-page outline of the plan lacked detail (we counted — there were only seven numbers in the whole thing), there’s no doubt the administration wants to pursue ambitious changes.

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Here is what the plan would do, in part:

Create three individual tax brackets with rates of 10 percent, 25 percent and 35 percent

Double (roughly) the standard deduction

Eliminate the alternative minimum tax

Eliminate the estate tax

Eliminate virtually all tax deductions, including for state and local taxes

Lower the corporate tax rate to 15 percent

Allow a one-time tax “holiday” to encourage companies to bring money back to United States

The Trump administration believes its plan would dramatically grow the economy. Not all experts agree — some believe it will dramatically increase the national debt, grow interest costs and ultimately slow economic growth.

This is just one reason tax reform is so complicated. As our colleagues wrote, Trump’s plan is “riddled with political land mines,” including lowering taxes on the wealthy and eliminating popular deductions.

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Once Congress begins entertaining the details, there’s sure to be a rush to influence the process.

SO LONG, NAFTA?

Speaking of campaign themes, Trump spent much of 2016 railing against free-trade agreements that he says hurt U.S. workers.

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Now, he is opening the door to negotiations on the future of the North American Free Trade Agreement, after reports Wednesday that he was considering a policy step that would begin withdrawing the United States from the pact.

Later, the White House put out a statement saying Trump spoke with Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau.

“President Trump agreed not to terminate NAFTA at this time and the leaders agreed to proceed swiftly, according to their required internal procedures, to enable the renegotiation of the NAFTA deal to the benefit of all three countries,” the White House said in a statement late Wednesday.

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Leaving NAFTA would not only reverse decades of U.S. trade policy.

The agreement, which came into force in 1994, led to considerable growth in trade between the United States, Canada and Mexico after the three countries cut import tariffs for most manufactured products traded between them to zero. Some lawmakers, including Republicans, are already warning Trump to consider how withdrawing from NAFTA could kill jobs and harm communities in the United States.

In the meantime, in case you missed it, Trump took the unexpected step this week of taking Canada to task over its trade policies.

On Monday, the administration announced it would impose a roughly 20 percent tariff of softwood lumber imports from Canada. Then, on Tuesday, Trump accused Canada of harming the dairy industry in Wisconsin and other states.

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“We will not stand for this,” he tweeted. “Watch!”

SO LONG, MONUMENTS?

As you can tell, Wednesday was a busy day at the White House.

At one point, Trump signed an executive order directing Interior Secretary Ryan Zinke to review any national monument created since Jan. 1, 1996 — a total of about 25.

Zinke has said that he’ll keep an open mind and that the order itself won’t eliminate any existing monuments. But Trump took a pretty tough stance Wednesday, saying the federal government has no right to “lock up millions of acres of land and water.”

“It’s time we end this abusive practice,” he said.

Advocates for national parks and public lands, as well as Native American tribes, see things differently.

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Eliminating existing monuments would be a “betrayal of the people who fought so hard for them and the land and history we’ve all spent generations safeguarding,” Theresa Pierno, president of the National Parks Conservation Association, said in a statement Tuesday night. It would also undermine a “century-old law,” the Antiquities Act, she said.

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SO LONG, NET NEUTRALITY?

Get ready for a showdown between the Trump administration and the technology world.

The head of the Federal Communications Commission revealed a plan Wednesday to undo a decision by the Obama administration that made it illegal for internet service providers to block or slow down websites for consumers.

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This attempt to reverse “net neutrality” regulations would promote the spread of high-speed Internet and create jobs, said FCC Chairman Ajit Pai, who said the Obama-era decision was “all about politics.”

Consumer groups and many tech companies have urged the FCC to keep the rule, worrying about ISPs’ ability to control how people use the Internet.

SO LONG, SHUTDOWN?

Last week, Congress faced rising concerns about the possibility of a government shutdown when current funding runs out on Friday, April 28.

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This appears less and less likely, our colleagues reported from Capitol Hill, since the White House caved to Democrats’ demands that Trump continue to make payments to fund the Affordable Care Act.

This, and a decision by the White House to stop demanding money for a border wall in the next spending bill, cleared the way for a compromise that will keep the government open past Friday.