US Treasury secretary confirms Trump to propose 15% corporate tax

US Treasury secretary confirms Trump to propose 15% corporate tax

WASHINGTON (APP): The Trump administration will propose slashing corporate taxes to 15 percent, from the current maximum of 35 percent, US Treasury Secretary Steven Mnuchin said Wednesday.

"Since the 15 percent has been in the press for the last couple of days, I will confirm that the business tax is going to be 15 percent," Mnuchin said at a discussion about the much-anticipated tax plan.