CEOs Salivate Over Trump's Tax-Cut Plans, Vague as They May Be

  • Chieftains like Wyndham’s Holmes become ‘cheerleaders’
  • Skeptics question whether savings would fuel job growth

President Trump Calls for 'Biggest Tax Cut'

Nothing gets Corporate America going like a tax-cut proposal.

Chief executive officers are keeping their fingers crossed that the skeletal details offered up by President Donald Trump’s administration Wednesday will turn into a concrete proposal to slash the corporate tax rate to 15 percent from the current 35 percent. That would free them up to invest and fuel economic expansion, they said in interviews and conference calls this week.