said Wednesday that the bill he will introduce would not permanently lower the corporate tax rate to 20 percent. It’s a jarring shift, as Trump has frequently touted the importance of lowering the corporate tax rate, and the White House has been promising companies the reductions would be permanent. The corporate-tax switch is the latest turn in a tumultuous rollout of the House tax measure, which was previously slated to be introduced Wednesday but is now planned for Thursday. “We are focused on pushing through tax cuts and tax reforms separately” from health-care changes, she said. But even the property-tax compromise offered by Brady is making other parts of the bill problematic for GOP leaders.

Source: Washington Post November 01, 2017 23:03 UTC