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Trump, Congress mull 23% corporate tax rate

From marketwatch.com

President Trump has pushed for slashing the corporate tax rate to as low as 15% from a top rate of 35%, but Congress is reportedly looking to split the difference. Negotiations between the White House and Congress appear to be focusing on a rate closer to 23%, according to the Washington Post. Or perhaps a bit higher. Asked if a 15% goal was feasible, Treasury Secretary Steven Mnuchin said at a hedge-fund conference on Tuesday “I don’t know if we will be able to achieve that.” See live blog of Delivering Alpha conference In the wake of the failure to terminate Obamacare, Trump and Republicans are looking to score a ... (full story)

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