Simplifying the tax code for individuals into fewer tax brackets with fewer deductions makes sense. Reducing the U.S. corporate tax rate from its current rate of 35% to something more in line with other industrialized countries is long overdue. Lowering the capital gains tax. Lowering capital gains rates should encourage investment and that should help the economy. By lowering the capital gains tax rate, people who take a risk by investing get more reward.
Source: Forbes April 27, 2017 13:07 UTC