WASHINGTON (AP) — House Speaker Paul Ryan said Thursday 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 legislation overhauling the tax system, with help for the middle class a main goal.
Trump, who made overhauling taxes a pillar of his push for economic growth, has called for a 15 percent tax rate for corporations. The rate now ranges from 15 percent to 35 percent. Continue reading “Ryan aiming for mid- to low-20 percent corporate tax rate”



