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Trump: Rich Would Pay Same or More Under Tax Reform

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The wealthy would pay the same individual income tax rate, or possibly see an increase, under his tax reform plan, President Donald Trump said Wednesday.

He emphasized, however, a strong commitment to slashing the corporate tax rate, from the current rate of 39 percent to 15 percent, to make the United States more competitive internationally.

Trump held a bipartisan meeting with members of Congress in the Cabinet Room at the White House, where he talked about his tax reform proposal.

“The rich will not be gaining at all with this plan,” Trump said. “We’re looking for the middle class, and we’re looking for jobs. Jobs, meaning companies.


© The Daily Signal