Tax slash: Trump holding firm on dramatic cut to corporate rate
(WorldNews Politics)

The border wall may be up for negotiation — or redefinition — but Donald Trump plans to stick to the literal when it comes to his pledge to cut the corporate rate. The White House will release a formal proposal tomorrow to cut the tax rate from 35% to 15%, part of the Trump agenda to boost the economy and create jobs in the US. The Washington Post calls it a “drastic” cut, one that carries a hefty price tag: President Trump is pursuing a drastic cut in the corporate tax rate, a move that is likely to grow the national debt and breach a long-held Republican goal of curbing federal borrowing. The president has instructed advisers to propose cutting the corporate tax...