Trump intends to reduce taxes for business to 20%

Трамп намерен снизить налоги для бизнеса до 20%

The American leader expressed the desire to reduce taxes for business to 20% from the set for today 21%. This can happen in the fall.

The US President Donald trump said that during the second stage of the tax reform the taxes on business can be reduced from 21% to 20%. He said this in an interview with Fox Business Network.

“We move to the second phase. Maybe we’ll do it in October, possibly earlier. One of the issues that we are considering – the lower rate from 21% to 20%”, – told the trump.

According to the American President, thus the government will be able to offer lower tax rates for the middle class.

[email protected]: “We’ll be doing a phase two. We’ll be doing it probably in October, maybe a little sooner than that…One thing we’re thinking about is bringing the 21% down to 20.”

— FOX Business (@FoxBusiness) on June 29, 2018

Trump has promised US a “new economic miracle”

We will remind, at the end of 2017, the House of representatives of the United States Congress approved the most ambitious in recent decades, reform of the tax system. One of the main provisions of the reform − lowering corporate tax from 35% to 21%.

The document envisages reduction of the tax burden for ordinary citizens. But if the reduction of tax on employers for an indefinite period, it is a relief for the population will end in 2025.

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