, Columnist
Tax-Cut Cash Could End Up in Unexpected Places
Money may buy back bonds, not boost the economy.
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Wall Street is getting excited now that Congress seems ready to tackle the issue that it's been most eager for: corporate tax cuts.
On Wednesday, President Donald Trump is unveiling a more concrete outline for his proposal that would lower company tax rates to 20 percent, down from the current 35 percent, among other measures, three people familiar with the plan told Bloomberg News.