Thursday, September 7, 2017

Ryan aiming for mid- to low-20 percent corporate tax rate

September 07, 2017 at 10:19AM

WASHINGTON (AP) — House Speaker Paul Ryan says the Republican tax plan will aim to reduce the corporate tax rate to mid- to low-20 percent — a smaller cut than what President Donald Trump wants.

Ryan is providing some specifics as the GOP starts to write tax legislation — with help for the middle class a main goal.

Trump has called for a 15 percent tax rate for corporations.

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