Trump to unveil proposal for slashing corporate tax rate to 15%
Ben Jacobs and Lauren Gambino in Washington and Dominic Rushe in New York/ While the president billed it as tax reform, it’s unclear if his proposals will simply consist of tax cuts or be an overarching plan to reshape US taxation/ Donald Trump has long heralded tax cuts, particularly on corporations, as a major component of his economic plan./ Donald Trump will unveil a proposal for a major corporate tax cut on Wednesday, dramatically cutting corporate tax rates to 15% from 39.6% and ending taxation of corporate profits earned overseas. ...
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