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Trump Fixated on 15% Corporate Tax Rate

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President Trump “is increasingly fixated on slashing the top corporate tax rate to 15 percent – a level that pretty much no one else working on the issue in the White House or Congress thinks is workable,” Politico reports.

“In a White House meeting on Tuesday, Trump again expressed his strong desire to hit the 15 percent target, from today’s 35 percent.”

Said one senior official: “You can’t get to 15 percent and anyone who has a back of an envelope can make that calculation. And he may not like that truth, but it’s the truth. It’s just math.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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