House Ways and Means Chairman Kevin Brady. Photo: Alex Brandon / AP

Republican House members tell me that the most politically explosive issue, by far, in the tax plan to be released tomorrow is the over-complicated treatment of "pass-through entities" (often small businesses that report business income on personal returns). Some influential Republican House members are saying final language on the tax bill's treatment of those situations will disadvantage some small firms and could imperil GOP support for the plan.

"This is supposed to be a simplification. It's not," a House GOP member told me. "It's going to be the most explosive thing once members hear about it."Why this matters: Pass-through entities — many of which are small businesses — are a big faction of Republican supporters. The White House and House leadership knows this provision will be problematic with some members.Other things I can confirm:The House tax bill will not repeal the individual Obamacare mandate, even though it would bank them a good chunk of change and even though President Trump called for it today.Corporate rate cut to 20 percent will be permanent, even though the Ways and Means Committee flirted with making the corporate cuts temporary. (That would've been a big political problem.)The expansion of the child tax credit — an Ivanka Trump priority — made it into the bill.The bill repeals the estate tax — though it's phased in.And after much angst, Republican tax-writers have decided there's too much political pain in meddling with 401k retirement benefits.

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Judge temporarily blocks Trump's TikTok ban

Illustration: Sarah Grillo/Axios

A federal court judge on Sunday granted TikTok's request for a temporary restraining order against a ban by the Trump administration.

Why it matters: Americans will be able to continue downloading one of the country's most popular social media and entertainment apps — at least for now.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 32,949,407 — Total deaths: 995,658 — Total recoveries: 22,787,799Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 7,107,673 — Total deaths: 204,738 — Total recoveries: 2,750,459 — Total tests: 101,298,794Map.
  3. States: 3 states set single-day coronavirus case records last week — New York daily cases top 1,000 for first time since June.
  4. Health: The long-term pain of the mental health pandemicFewer than 10% of Americans have coronavirus antibodies.
  5. Business: Millions start new businesses in time of coronavirus.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.

NYT: Trump paid $750 in federal income taxes in 2016 and 2017

Photo: Chip Somodevilla/Getty Images

The New York Times has obtained more than two decades' worth of tax-return data from Trump and the companies that make up his business, writing in an explosive report that the documents "tell a story fundamentally different from the one [the president] has sold to the American public."

Why it matters: The Times' bombshell report, published less than seven weeks before the presidential election, lays bare much of the financial information Trump has long sought to keep secret — including allegations that he paid $750 in federal income taxes in 2016 and 2017, and has over $300 million in personal debt obligations coming due in the next four years.