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If a proposal recognises its stand alone intrinsic value. In other news donald trump has been laying out his economic plans should he become president. Trump repeated calls to cut taxes and regulation and is earmarking a governmentjob for controversial billionaire elon musk. Here is ritika gupta with the latest. The main highlight of donald trump s address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. This would be a big reduction from the current rate of 21%. A key policy victory from trump s own 2017 tax law set to expire in 2025. Now, while a 15% corporate rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37%. His proposal is in stark contrast to his rival, kamala harris, who has called to raise the corporation tax to 28%. Trump s proposals also include a
Job for controversial billionaire elon musk. Here s ritika gupta with the details. The main highlight of donald trump s address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. This would be a big reduction from the current rate of 21%. A key policy victory from trump s own 2017 tax law set to expire in 2025. Now, while a 15% corporate rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37%. His proposal is in stark contrast to his rival, kamala harris, who has called to raise the corporation tax to 28%. Trump s proposals also include an idea from tesla ceo elon musk to create a government efficiency commission. This would be to eliminate wasteful federal spending a shot at the biden harris administration s spending levels. I will create a government efficiency c
Rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37 . His proposal is in stark contrast to his rival, kamala harris, who has called to raise the Corporation Tax to 28 . Trumps proposals also include an idea from Tesla Ceo Elon musk to create a Government Efficiency Commission. This would be to eliminate wasteful federal spending a shot at the biden harris administrations spending levels. I will create a Government Efficiency Commission tasked with conducting a complete financial and Performance Audit of the entire federal government, and making recommendations for drastic reforms. We need to do it. Cant go on the way we are now. And elon, because hes not very busy, has agreed to head that task force. This comes as both Trump And Harris are ramping up their efforts to court Swing State voters as well as Business Exe