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White House official: Trump's 15% corporate tax rate faces dissent

Opponents say it is impossible to cut tax so much without adding to federal deficit

Published Wed, Jun 28, 2017 · 09:50 PM

Washington

PRESIDENT Donald Trump's call to slash the corporate income tax rate to 15 per cent has faced resistance during private tax meetings, according to a senior White House official.

While Mr Trump has been clear that he thinks cutting the rate, which is currently 35 per cent, is essent…

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International

International

White House official: Trump's 15% corporate tax rate faces dissent

International

Chinese tourists are again embracing international travel

Abu Dhabi raises US$5 billion with first eurobonds in three years

Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official

German business sentiment rises more than expected in April: Ifo

Indonesia’s central bank surprises with “pre-emptive” rate hike to cushion falling rupiah

Prabowo’s aide says Indonesia doesn’t need another rate hike

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