Republicans Targets 20% Corporate Tax rate – 15% Short of Trumps Original Plan

Republicans Targets 20% Corporate Tax rate

Reports are coming out that Republicans are planning on cutting Trump’s original federal tax plan from 35% to 20%. But the plan remains fluid according to Republicans, who spoke on the condition of anonymity to describe sensitive negotiations. However, they said the template is taking a more definite shape ahead of a planned rollout next week by the “Big Six” negotiators from the White House, Senate and House.

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