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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
Thursday, June 29, 2017 - 05:50

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

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