Trump has proposed cutting the corporate tax rate from the current 39% to 15%.
Where the U.S. stands today:
Currently the U.S. has the third-highest corporate tax rate in the world, but if Trump succeeds in the tax cut, the U.S. will be among the 20 countries with the lowest corporate tax rate.
Illustration: Sarah Grillo/Axios
A fresh Joe Biden ad, "New Start," signals an effort by his campaign to make unity a central theme, underscoring a new passage in his stump speech that says he won't be a president just for Democrats but for all Americans.
What he's saying: The ad — which began Friday night, and is a follow-up to "Fresh Start" — draws from a Biden speech earlier in the week in Manitowoc, Wisconsin:
Judge Amy Coney Barrett. Photo: Matt Cashore/Notre Dame University via Reuters
President Trump is preparing to nominate federal appeals court Judge Amy Coney Barrett of Indiana, a favorite of both the social conservative base and Republican elected officials, to succeed Justice Ruth Bader Ginsburg, Republican sources tell Axios.
Why it matters: Barrett would push the already conservative court further and harder to the right, for decades to come, on the most important issues in American politics — from abortion to the limits of presidential power. If confirmed, she would give conservatives a 6-3 majority on the high court.