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Trump says he is not looking to phase in corporate tax cut

Posted by: Admin | Posted on: October 31st, 2017 | 0 Comments

WASHINGTON (Reuters) – President Donald Trump said on Tuesday that he was not looking for the corporate tax rate reduction that the White House is seeks to be phased in over time.

“Hopefully not,” Trump told reporters when asked about the issue during a meeting on tax reform at the White House.

Trump said he wanted lawmakers to pass a tax reform bill by the U.S. Thanksgiving holiday in late November.

Reporting by Jeff Mason; Editing by Chizu Nomiyama

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