The centerpiece of the proposed House Republican corporate tax reform is a bet that slashing the top rate from 35 percent to 20 percent will trigger an economic boom that will raise workers’ wages and goose long-term growth. President Donald Trump on Thursday cited a study by the White House…
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Trump to Unveil Tax Cuts Wednesday
US President Donald Trump will roll out a plan to reform America’s tax code Wednesday, a high stakes bid to salvage his agenda and bolster his faltering presidency. Amid a string of legislative setbacks, Trump teased a “big announcement tomorrow,” when the White House and Republicans will unveil tax reform…
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