Corporate rate cut falls to wayside as GOP reckons with budget math

Published



Republicans have backed away from their campaign trail talk about lowering the corporate tax rate as they begin to craft a major overhaul of spending and taxation.

Before the election, President Donald Trump talked about cutting the headline corporate tax rate from 21% to 20% at one point, and he endorsed reducing the rate to 15% for companies that make their products in America. But on Capitol Hill, such plans don’t appear to be a focus at this point.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.