Trump to Deliver One of Biggest Tax Cuts Since Reagan, Aide Says
- Big corporate tax cut will be centerpiece of plan, Moore says
- Trump needs to ‘change the subject’ after ‘off-message’ week
Money Men: Donald Trump Unveils His Economic Team
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Donald Trump will propose one of the biggest tax cuts since the days of Ronald Reagan in a new economic blueprint to be unveiled next week, according to an adviser to the Republican presidential candidate.
Trump will reiterate his plan to cut the corporate tax rate to 15 percent, Heritage Foundation chief economist Stephen Moore said Friday in an interview with Bloomberg Television. At the same time, Trump has managed to whittle down the cost in terms of lost tax revenue by about two-thirds, to $3 trillion, he said, without specifying a timeline.