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International Business Times

Politics

Kiran Tom Sajan

Trump Wants To Further Reduce Corporate Tax Rate To 'Nice, Round Figure' Of 20%

Donald Trump Joe Biden Jeffrey Zients the Business Roundtable Corporate Taxes Republican Tax Cuts United States

Donald Trump has warned that higher corporate taxes could devastate the economy (Credit: AFP)

Former President Donald Trump has announced his plans to further reduce the corporate tax rate, building on the cuts he implemented during his presidency.

The leading Republican candidate for the 2024 presidential race proposed lowering the corporate tax rate by another percentage point to 20% at a closed-door meeting with the Business Roundtable in Washington on Thursday, the Associated Press reported.

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Trump's $20M Taxpayer-Funded Ad Campaign Halted by Judge With No Repayment Planned for Past Ads

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One subscription that gives you access to news from hundreds of sites

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Poland deploys 20,000 cops in schools, inspects 80k educational institutions amid rising youth violence

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