U.S. Treasury's Mnuchin: We're close to bring forward a major tax reform

U.S. Treasury Secretary Steven Mnuchin is crossing the wires, via Reuters, stating that they're working "day and night" on tax reform.

Key headlines:

  • Close to bringing forward major tax reform
  • Majority of revenue lost from lower tax rates made up with extra growth and dynamic scoring
  • Wants three or four tax brackets in individual code