President Trump will oppose a plan put forward this week by a pair of Republican senators to expand access to the child tax credit because the proposal would require an increase in the corporate tax rate, White House deputy press secretary Raj Shah said Tuesday.
“[We support] the child tax credit. We also think that it’s important to make businesses more competitive,” Shah told reporters traveling with Trump aboard Air Force One. “We would not support raising the corporate rate as outlined in that amendment.”
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