Trump administration unveils plans for tax cuts
Signature reform is a dramatic reduction of the corporate tax rate, from the current 35 per cent to 15 per cent
Washington
THE Trump administration on Wednesday unveiled plans to dramatically cut taxes for US businesses and individuals, slashing the corporate rate to 15 per cent, but the once-in-a-generation overhaul is headed for a tough fight in Congress.
As Donald Trump's presidency nears the symbolic 100-day mark, the Republican is seeking to follow through on a flagship promise to reform the tax code to boost the economy, businesses and families, including middle-class and working-class Americans.
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