Corporate taxes

Treasury Secretary Steve Mnuchin smiles while speaking to the media during the daily briefing in the Brady Press Briefing Room of the White House in Washington, Monday, April 24, 2017. (AP Photo/Pablo Martinez Monsivais)
April 25, 2017 - 8:36 am
WASHINGTON (AP) — President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also...
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Treasury Secretary Steve Mnuchin smiles while speaking to the media during the daily briefing in the Brady Press Briefing Room of the White House in Washington, Monday, April 24, 2017. (AP Photo/Pablo Martinez Monsivais)
April 25, 2017 - 3:49 am
WASHINGTON (AP) — President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also...
Read More
Treasury Secretary Steve Mnuchin smiles while speaking to the media during the daily briefing in the Brady Press Briefing Room of the White House in Washington, Monday, April 24, 2017. (AP Photo/Pablo Martinez Monsivais)
April 25, 2017 - 3:47 am
WASHINGTON (AP) — President Donald Trump's campaign pledge to slash the corporate tax rate from 35 percent to 15 percent raises a thorny question for the White House. How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget? Most outside...
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FILE - In this Sept. 24, 2014, file photo, reporters gather around Michael "The Situation" Sorrentino as he leaves the MLK Jr. Federal Courthouse in Newark, N.J., after a court appearance. Michael Sorrentino and his brother Marc Sorrentino are set to appear in court to face additional tax fraud charges are scheduled to be arraigned on Monday, April 17, 2017, in federal court in Newark. They previously pleaded not guilty to charges they filed bogus tax returns on nearly $9 million and claimed millions in personal expenses as business expenses. (AP Photo/Julio Cortez, File)
April 17, 2017 - 2:10 pm
NEWARK, N.J. (AP) — "Jersey Shore" star Michael "The Situation" Sorrentino and his brother pleaded not guilty Monday to additional tax fraud charges after federal prosecutors say they filed fake tax returns and claimed luxury car and clothing purchases were business expenses. Michael and Marc...
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FILE- In this Sept. 24, 2014 file photo, Mike "The Situation" Sorrentino leaves the MLK Jr. Federal Courthouse in Newark, N.J., after a court appearance. After previously pleading not guilty to charges that they filed bogus tax returns on nearly $9 million and claimed millions in personal expenses as business expenses, "Jersey Shore" reality TV show star Michael "The Situation" Sorrentino and his brother have had additional tax fraud charges filed against them on Friday, April 7, 2017. (AP Photo/Julio Cortez, File)
April 07, 2017 - 4:12 pm
NEWARK, N.J. (AP) — "Jersey Shore" star Michael "The Situation" Sorrentino and his brother were hit with additional tax fraud charges on Friday after federal prosecutors say they filed fake tax returns and claimed luxury car and clothing purchases were business expenses. Federal prosecutors said...
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FILE - In this Oct. 22, 1986, file photo, lawmakers watch closely as President Ronald Reagan signs into law a landmark tax overhaul on the South Lawn of the White House in Washington. From left, are: Senate Majority Leader Bob Dole of Kansas, Rep. Raymond McGrath, R-N.Y.; Rep. Dan Rostenkowski, D-Ill., Rep. Frank Guerini, D-N.J.; Sen. Russell Long, D-La.; Rep. William Coyne, D-Pa., and Rep. John Duncan, R-Tenn. The fundamentals of tax overhaul were strong some 30 years ago. Reagan, pushed the landmark 1986 measure. Powerful and experienced congressional leaders shepherded the legislation with bipartisan support. Key players had established, trusting relationships. The situation facing President Donald Trump features none of those advantages. (AP Photo/Bob Daugherty, File)
March 28, 2017 - 3:49 am
WASHINGTON (AP) — The fundamentals of tax overhaul were strong some 30 years ago. A popular president, Republican Ronald Reagan, pushed the landmark 1986 measure. Powerful and experienced congressional leaders shepherded the legislation with bipartisan support. Key players had established, trusting...
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March 24, 2017 - 9:34 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says after the battle over health care, the administration will turn quickly to tax reform with the goal of getting a program approved by Congress by August. Mnuchin says the administration will tackle cutting both individual taxes and corporate...
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President Donald Trump arrives to speak at the National Republican Congressional Committee March Dinner at the National Building Museum, Tuesday, March 21, 2017, in Washington. (AP Photo/Andrew Harnik)
March 22, 2017 - 3:50 am
WASHINGTON (AP) — President Donald Trump's pitch on a polarizing Republican health care bill in the House amounts to a means to an end: a way to move on to what he calls "the biggest tax cut since Ronald Reagan." Backed by pro-business elements of his party, Trump has increasingly argued that the...
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