Reported 17 days ago
President-elect Donald Trump is preparing to quickly implement new tax cuts if Republicans gain control of Congress, with a focus on reducing corporate rates and extending existing cuts despite rising national debt. As parts of Trump’s 2017 tax law are set to expire, Republican leaders are eager to achieve significant policy changes within his first 100 days in office. Key proposals include lowering the corporate tax rate further and adjusting deductions for businesses, amid concerns about fiscal responsibility.
Source: YAHOO