Pantheon Macroeconomics - The tax plan released by the administration yesterday was so thoroughly leaked that it contained no real surprises. The border adjustment tax is dead -- not that we thought it would have passed the Senate in any event -- and the centerpiece is a proposed cut in the corporate income tax rate to 15% from 35%.

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27 April 2017 The Path to Implementing Huge Tax Cuts Looks Insurmountably Steep

By Ian Shepherdson

The tax plan released by the administration yesterday was so thoroughly leaked that it contained no real surprises. The border adjustment tax is dead -- not that we thought it would have passed the Senate in any event -- and the centerpiece is a proposed cut in the corporate income tax rate to 15% from 35%.

Posted: 26th Apr 2017 in 'U.S. Documents'

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