Trump Considers Further Corporate Tax Rate Cuts if Re-elected

Former President Donald Trump, who is running for the U.S. presidential election, is reportedly considering additional corporate tax cuts if he returns to power.

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On the 12th (local time), the U.S. daily The Washington Post (WP) cited multiple sources close to Trump, reporting that he is interested in lowering the corporate tax rate again.

WP also stated that three senior economic policy advisors to Trump believe that the corporate tax cuts implemented during his first term were a great success.

In 2017, the Trump administration lowered the corporate tax rate from 35% to 21%. During the 2016 presidential campaign, Trump pledged to reduce the corporate tax rate to 15%, but after negotiations with Congress following his inauguration, the final rate was set at 21%.

Last September, Trump also appeared on NBC and expressed his intention to cut the corporate tax rate to 15%.

However, until now, Trump has focused his public messages more on tax cuts for the working class rather than corporate tax reductions.

Jason Miller, spokesperson for the Trump campaign, stated in an interview that Trump is focused on maintaining the corporate tax rate lowered in 2017, and his priority is additional tax cuts for the working class.

This appears to be because Trump judged that mentioning corporate tax cuts could negatively affect his approval ratings among working-class (blue-collar) voters, where he shows strong support.

This content was produced with the assistance of AI translation services.