• Safi Bello

Trump’s 15% Corporate Tax Plan May Just Be His Opening Gambit

Bloomberg ------ President Donald Trump’s call to slash the corporate tax rate to 15 percent -- a number that many economists say would boost the deficit so much that the cut would be short-lived -- may be less about policy and more about deal-making. “Is this an opening, somewhat unrealistic gambit to a negotiation?” asked James Sweeney, who leads the U.S. economics team and co-heads the global strategy and economics team at Credit Suisse. “And the broader economics -- what are the other components to tax reform? We’d be silly to pencil in the 15 percent rate and adjust our expectations accordingly.” To learn more click on the picture below to read the article.

Trump’s 15% Corporate Tax Plan May Just Be His Opening Gambit - Read More from Bloomberg

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