Corporate tax rate of 15% is Trump's 'hope,' he tells reporters - News Summed Up

Corporate tax rate of 15% is Trump's 'hope,' he tells reporters


President Trump meets at the White House with a bipartisan group of lawmakers about tax reform. (Shawn Thew/EPA-EFE/REX/Shutterstock)President Trump said Sunday the White House has “totally finalized” a tax plan, but the particulars differed substantially from what has been reported about the proposal. Trump said he hoped for a corporate tax rate of 15%, a figure he has used before. Congressional officials have said they hope to cut the current rate of 35% to 20%. Asked whether the finalized plan in fact called for a rate of 15%, Trump said: “We’ll see what happens.


Source: Los Angeles Times September 24, 2017 22:41 UTC



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