Donald Trump with ex-wife Marla Maples. Photo: Ron Galella / Getty
Under Trump's tax plan, divorcees in lower income brackets can exclude alimony payments from their taxable income but alimony payers no longer get a tax break, giving them less incentive to be generous to their former spouses.
Why it matters: In a recent survey, 64% of lawyers from the American Academy of Matrimonial Lawyers said that they expect divorces to become even more hostile because of the changes to the tax code.
Illustration: Aïda Amer/Axios
President Trump speaking to reporters on South Lawn in July. Photo: Jabin Botsford/The Washington Post via Getty Images
President Trump told the New York Post on Thursday that he plans to deliver his Republican National Convention speech from the White House lawn, despite bipartisan criticism of the optics and legality of the location.
Why it matters: Previous presidents avoided blurring staged campaign-style events — like party conventions — with official business of governing on the White House premises, per Politico.
Illustration: Aïda Amer/Axios
Antibody drugs and various medicine cocktails against the coronavirus are progressing and may provide some relief before vaccines.
The big picture: Everyone wants to know how and when they can return to "normal" life, as vaccines are not expected to be ready for most Americans for at least a year. Two therapies are known to be helpful, and more could be announced by late September, NIAID Director Anthony Fauci tells Axios.