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Friday, November 18, 2016

Corporate Tax Reform on the Front Burner?

There is a clue out there that President-elect Trump may first want to tackle corporate tax reform, before moving on to individual tax reform (both of which involve rate reductions). This is because Stephen Moore, a Heritage Foundation fellow and co-author of President-elect Donald Trump's tax plan, is calling on Congress to pursue corporate tax reform as part of a bipartisan jobs bill that could finance a massive new infrastructure program while cutting tax rates for businesses, while suggesting separately that individual tax reform be addressed at a later time.

Of course this is only speculation, but given Mr. Moore’s involvement with the Donald’s tax plan, it may be indicative of the Donald’s thoughts as well.

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