Trump, GOP prepare for tax code bonfire

Trump, GOP prepare for tax code bonfire

(Worthy News) – In coming weeks and months, President Trump will attempt tax reform more sweeping, consequential and controversial than those of Presidents George W. Bush and Ronald Reagan.

He is betting that commerce and his own political fortunes will soar if he gets his supply-side ideas into the tax code. While his administration and Congress have struggled to follow through on other parts of his agenda, Trump aims to rally support for tax reform by traveling the country, hosting roundtables and bringing industry groups to the White House. He’ll also lean on members of Congress hesitant about the size and scope of his ambitions.

The president doesn’t have a bill yet, just a few principles. But they’re enough to make clear that he agrees with Speaker Paul Ryan and House Republicans about a dramatic, conservative tax overhaul, and is looking to press for more than they are yet comfortable with. [ Source ]

Friday cyberattack hit 200,000 victims in over 150 countries

Friday cyberattack hit 200,000 victims in over 150 countries

(Worthy News) – The unprecedented global ransomware cyberattack has hit more than 200,000 victims in more than 150 countries, Europol executive director Rob Wainwright said Sunday.

The head of the pan-European Union policing agency said that few had given in to the demands for payment to unblock files so far, but warned that the situation was escalating.

Wainwright said he was worried that the ransomware attack might spread further once people return to work on Monday and log on to their computers.

Wainwright said the attack was indiscriminate, fast-spreading and unique because the ransomware was being used in combination with a worm — meaning that the infection of one computer could automatically spread it through an entire network. [ Source ]