Donald Trump Said the Corporate Tax Cut Was the "Biggest Factor" in GOP Tax Law
Type: Boastful\BraggingDec 20 2017 Severity: About: Corporate Taxes
Donald Trump veered off the Republican talking points about the recently passed tax law being mainly about benefiting the middle-class by speaking truthfully and saying that the "biggest factor" in the law was the slashed corporate tax rate that will be a windfall for multinational corporations.
Quote | Trump went off Republican talking points claiming it was for the middle-class.
"Our plan also lowers the tax on American business from 35 percent all the way down to 21 percent. That's probably the biggest factor in this plan," he said at a Cabinet meeting. "We've become competitive all over the world. Our companies won't be leaving our country any longer because our tax burden is so high."