Trump Vows 15% Corporate Tax, Taps Musk for Federal Audit

News September 05, 2024 at 03:39 PM
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What You Need To Know

  • Both Trump and Harris are ramping up their economic messaging to court swing-state voters as well as business executives.
  • A lower rate would be a big win for large U.S. corporations, but would also contribute to rising deficits.
  • Harris has called for an increase in the corporate tax rate to 28% from the current 21% rate.
Former President Donald Trump speaks at the Bitcoin 2024 conference in Nashville on July 27, 2024.