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Top Senate tax writer Hatch: I 'sincerely doubt' we'll get to Trump's 15% corporate rate goal
The top Senate tax writer on Friday cast doubts on President Donald Trump's goal of slashing the corporate tax rate to 15 percent. "Well, the president wants it down to 15 percent. That would be wonderful if we could get it down there," Sen. Orrin Hatch, R-Utah, told CNBC. "We'll be working to try to do that. I sincerely doubt that we'll be able to get to that level on the corporate tax rates." Hatch, the chairman of the Senate Finance Committee, is one of the so-called Big Six congressional and White House officials leading the Republican tax-reform effort. The GOP hopes to pass a major tax overhaul this year, ... (full story)
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