Dec 6, 2017

GOP considers bumping up corporate tax rate to 22%

The Capitol Dome

The U.S. Capitol Dome at sunset. Photo: Carolyn Kaster / AP

Republican leaders are weighing a 22% corporate tax rate as a means of funding last-minute changes to the tax reform bill, the Washington Post reports, citing sources familiar with the talks. Both the House and the Senate passed versions of tax legislations that slashed the corporate tax rate down to 20%

Flashback: Trump suggested over the weekend that the corporate rate might end up at 22%.

Go deeper