Apr 25, 2017

Trump's not-so-detailed tax plan

President Trump's tax plan is expected tomorrow, and Politico's Nancy Cook and Ben White have a story saying it will include goodies for Democrats, including infrastructure spending and a child tax care credit.

Axios can not confirm those details, and a well-placed source said the document isn't expected to go into that level of granularity.

What it will include: Similar individual tax rates to Paul Ryan's plan, but with more brackets, and a 15% corporate tax rate.

What it won't include: a border adjustment tax.

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Scoop: Amazon's local podcast play

Illustration: Sarah Grillo/Axios

Amazon is looking to invest in localized podcast content, like news and sports, sources tell Axios. Sports content is top of mind as the company plans to buy up more TV rights and have adjacent audio content for users.

Why it matters: Amazon sees a strategic advantage in podcasts by leveraging Alexa voice tech to help users discover personalized content.

The oil stakes of Trump vs. Biden

Reproduced from Rapidan Energy Group; Chart: Axios Visuals

U.S. oil production is in a steep decline, but one question is how much November's elections will affect how much it does — or doesn't — bounce back.

Why it matters: The powerful price and demand headwinds from the coronavirus pandemic are creating a financial crisis in the oil patch.

The top stories from "Axios on HBO"

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