Friends of Manufacturing

RPT-Trump, Republicans to showcase tax cut for businesses

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U.S. President Donald Trump and top Republicans in Congress are about to show how aggressively they intend to cut the corporate tax rate, while trying to avoid the appearance of favoring the wealthy. 

The “Big Six” team of Republican tax policy makers is expected to release a plan on Wednesday targeting tax cuts for businesses, but offering few clues about how to replace reduced federal revenues, said lobbyists and congressional sources.

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