President Trump said Wednesday he would be willing to accept a 21 percent corporate income tax rate, giving his blessing to what appears to be the crux of an emerging deal on the GOP’s tax-cut package.
The 21 percent rate, while down from the current 35 percent tax, is higher than the 15 percent Mr. Trump had originally sought and a tick up from the 20 percent compromise lawmakers had reached last month.
But the president said it still marks a major cut.
“If it got down to 21, I would certainly be thrilled,” he said while meeting with GOP negotiators at the White House.
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