US President Donald Trump has unveiled a framework for tax reform. One of the biggest changes is a drastic tax cut for corporations. But also the middle classes and small business owners should get a boost.
Before diving into a steak dinner at the World Economic Forum as the guests of the US president, leaders of major European corporations went around the table and praised their host's pro-business tax reform.
The financial world has heralded the Senate tax cut vote. But as the Trump administration embarks on the biggest tax reform in the US in 30 years, some accuse it of ignoring systemic economic risk.
Republicans have revealed the final details of their tax overhaul bill, including corporate tax cuts promised by President Donald Trump. After winning over skeptics, the bill is on track to pass a vote next week.
The United States House of Representatives has passed President Donald Trump's flagship tax reform bill. The legislation could be Trump's first major victory following a raft of previous headline-grabbing failures.
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