BLOOMBERG Charlie Rose April 27, 2017
Post. What did the president and Trump Administration announced today . They announced major changes to the Corporate Tax system and the individual tax system. They lower the Corporate Tax rate, the rate businesses pay from 35 to 15 . Also allowed Small Businesses that pay through the individual income tax system to use that 15 rate as well. They think that will create more hiring, investing, and more money to slosh around in the economy to create more revenue. On the individual side, they proposed eliminating the seven tax racket that currently exist, replacing them with three brackets. And i...