“At a House Republican lunch this week, Budget Committee Chair Jodey Arrington (R-TX) was presenting a series of slides when he landed on a suggestion that sent people on and off Capitol Hill into a frenzy — raising the corporate tax rate,” Punchbowl News reports.
“Preserving the 21% corporate rate from the 2017 Trump tax cuts is a red line for plenty of Republicans. President-elect Donald Trump has even called for cutting it further.”
“But the idea of raising corporate taxes somehow made its way into the Texas Republican’s presentation. Arrington told us there was a ‘mistake’ and he emphasized that such a rate hike ‘wasn’t even on the table’ as part of his presentation.”
Save to Favorites