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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Fixated on 15% Corporate Tax Rate
September 6, 2017 at 7:04 am EDT By Taegan Goddard
President Trump is increasingly fixated on slashing the top corporate tax rate to 15 percent a level that pretty much no one else working on the issue in the White House or Congress thinks is workable, Politico reports.
In a White House meeting on Tuesday, Trump again expressed his strong desire to hit the 15 percent target, from todays 35 percent.
Said one senior official: You cant get to 15 percent and anyone who has a back of an envelope can make that calculation. And he may not like that truth, but its the truth. Its just math.
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https://politicalwire.com/2017/09/06/trump-fixated-15-corporate-tax-rate/
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Trump Fixated on 15% Corporate Tax Rate (Original Post)
DonViejo
Sep 2017
OP
marybourg
(12,617 posts)1. And- just coincidentally-
all of HIS income come from corporations. How 'bout that for a coincidence, folks.
ProfessorGAC
(64,993 posts)3. Oh Don't Be Ridiculous, Mary
That just can't be it. Just in case, there's this
louis-t
(23,291 posts)2. It would save HIM millions.
He doesn't care about the damage to the country. He's sure that if he screws enough people, he might actually be in the black, for once.
procon
(15,805 posts)4. How much would this benefit Trump and all his klan? nt
Vinca
(50,261 posts)5. So right now many companies pay zero. If the tax rate is reduced to 15%, do they suddenly
become eligible for mountains of taxpayer dollars being refunded to them?