News

Update: Trump vows to cut corporate tax to 20%

The US President Trump is speaking and making remarks on tax reform, saying that it is a middle-class tax reform plan'.

Trump has vowed to lower corporate taxation from 35% to 20%.

  • Trump has vowed to double the amount of income Americans can earn at zero income tax
  • He is also working to end a state duty on the Estate Tax
  • US business taxation is the highest in the world, 60% higher than the average economic competition

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.