Steve Mnuchin Trumpets ‘Biggest Tax Cut’ For Trump
Image by Getty Images
Treasury Secretary Steve Mnuchin said the plan for “the biggest tax cut” in U.S. history due to be released later on Wednesday by the White House would cut the business tax rate to 15 percent, including for small businesses.
“This is going to be the biggest tax cut and the largest tax reform in the history of our country,” Mnuchin said at a news forum in Washington. He said there was fundamental agreement between President Donald Trump’s administration and the Congress on the goals of the tax reform, and the details would be worked out.
Separately, House of Representatives Speaker Paul Ryan said he had seen a “sneak preview” of the plan. “We like it a lot, it puts us on the same page, we’re in agreement on 80 percent and on the 20 percent we’re in the same ballpark,” Ryan said.
It’s our birthday and we’re still celebrating!
We hope you appreciated this article. Before you go, we’d like to ask you to please support the Forward’s independent Jewish news.
This week we celebrate 129 years of the Forward. We’re proud of our origins as a Yiddish print publication serving Jewish immigrants. And we’re just as proud of what we’ve become today: A trusted source of Jewish news and opinion, available digitally to anyone in the world without paywalls or subscriptions.
We’ve helped five generations of American Jews make sense of the news and the world around them — and we aren’t slowing down any time soon.
As a nonprofit newsroom, reader donations make it possible for us to do this work. Support independent, agenda-free Jewish journalism and our board will match your gift in honor of our birthday!
Support our mission to tell the Jewish story fully and fairly.
