“We were at 15 percent from Day 1,” Mr. Kudlow said, lamenting that Mr. Trump’s new economic advisers had discussed scrapping the campaign tax plan.
Trump Is Said to Seek Cutting Corporate Tax Rate to 15 Percent -
By JULIE HIRSCHFELD DAVIS and ALAN RAPPEPORTAPRIL 24, 2017
WASHINGTON — President Trump has instructed his advisers to make cutting the corporate tax rate to 15 percent a centerpiece of his tax-cut blueprint to be unveiled this week, according to people with knowledge of his plans, even if
that means a significant reduction in revenue that could jettison his campaign promise to curb deficits.
“Our analysis has always shown that of all the economic bang for the buck from all of the changes
that were in the original Trump plan, you get the most economic juice from cutting the corporate rate,” said Stephen Moore, an economist at the Heritage Foundation who advised Mr. Trump’s presidential campaign.
The 15 percent cut represents a return for Mr. Trump to the economic vision
that animated his campaign, and a victory of sorts for Mr. Mnuchin, who has been a supporter of the plan.
