Economics
Trump Tax Plan Said to Call for Corporate Rate Cut to 15%
- President to announce outline of tax plan on Wednesday
- Mnuchin says spurring economic growth will be top priority
Trump Aides Said Set to Talk Tax Plan With GOP Leaders
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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.