U.S. Treasury's Mnuchin: Small and medium sized business also will be eligible for the 15% tax rate

U.S. Treasury Secretary Steven Mnuchin is now crossing the wires from a joint press conference with National Economic Director Gary Cohn, stating that U.S. will move to a territorial tax system with a top 15 percent rate for businesses.

More headlines (via Reuters):

Small and medium sized business also will be eligible for the 15 percent tax rate
Trump's objective is creating economic growth
Administration believes a 3 percent growth rate is sustainable

Apr 26, 2017

Cohn: Trump plan will repeal so-called death tax on estates

During a press conference at the White House, National Economic Director Gary Cohn stated that Trump plan will repeal so-called death tax on estates.

U.S. Treasury's Mnuchin: Administration will be working with congress to turn ideas into a bill that can pass the legislature

U.S. Treasury Secretary Steven Mnuchin has said that Trump's tax plan will pay for itself through growth and reduction of deductions and closing...