Similar Stories to President Trump Says He May Be Willing To Raise Corporate Tax Rate – After Winning 20% Figure In Congress on Bing News

(WASHINGTON) — President Donald Trump suggested Saturday he may be willing to negotiate changes to a significant portion of the tax overhaul, the corporate tax rate, injecting an element of uncertainty into the tax plan only hours after it cleared the Senate. Trump told reporters at the White House before a trip to New York City that he would consider setting the corporate tax rate at 22 percent, compared to a 20 percent rate that he has pushed for with House and Senate Republicans during the fall. Pointing to expected talks between House and Senate negotiators this month, Trump predicted “something beautiful is going to come out of that mixer” and the business tax would come “all the way down from 35 to 20.

BING NEWS:
  • Fact-checking Trump’s claims about tax cuts, job numbers and inflation in Wisconsin, Michigan
    However, Biden has said repeatedly that he will not raise taxes on anyone making less than $400,000, a promise he campaigned on in 2020. The White House told PolitiFact that Biden would let the Trump ...
    05/2/2024 - 11:48 am | View Link
  • Biden makes populist tax pitch in Scranton while attacking Trump over billionaire friendliness
    Biden also excoriated Trump over his 2017 Tax Cuts and Jobs Act, which lowered the corporate tax rate. Biden has previously stated that he hopes to raise the corporate tax rate to 28%, up from 21%.
    04/16/2024 - 9:25 am | View Link
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