Trump Tax Plan Said to Call for Corporate Rate Cut to 15%
Bloomberg --------- President Donald Trump will call for cutting taxes for individuals and lowering the corporate rate to 15 percent to fulfill a promise he made during his campaign, according to a White House official. The president on Wednesday plans to make public the broad outlines of what he wants to change in the tax code, though the details likely will be left until later negotiations among congressional leaders and officials from Treasury. Trump’s top economic adviser Gary Cohn and Treasury Secretary Steven Mnuchin will brief House Speaker Paul Ryan, Senate Majority Leader Mitch McConnell and the leaders of congressional tax-writing committees -- House Ways and Means Committee Chairman Kevin Brady and Senate Finance Committee Chairman Orrin Hatch. To learn more click on the picture below to read the article.