Trump has not yet decided on a corporate tax hike, White House says

By the numbers: The current corporate tax rate is 21%, down from 35% before the 2017 tax cuts.

• Trump had suggested lowering it down to 15%.

The big picture: Republicans are scrambling to find revenue offsets for a whole host of proposed tax cuts, including on overtime and tips, plus to maintain spending on Medicare, Medicaid and Social Security.

• Particularly as Trump walks back tariffs that he had claimed would help fill the gap.
• This could include not just a corporate tax increase, but also higher individual rates on the richest Americans.