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Republicans Skeptical About Trump’s Tax Plans

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“Donald Trump’s recent suggestion of cutting the U.S. corporate tax rate to 15% is facing increasing skepticism by members of his own party,” Semafor reports.

“That includes some GOP senators starting to suit up for next year’s fight over expiring swaths of the 2017 tax cuts. One influential Senate Republican even suggested raising the existing 21% corporate rate, which was one of the permanent provisions of the law.”

Said Sen. Thom Tillis (R-NC): “The concern I have with cutting is you see how much we lowered the rate. Can we really honestly say it’s going to spur economic activity to justify it?”

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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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