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25 Sep 2017

GOP leaders circulating proposals to cut the corporate tax rate to 20%

As per the Washington Post report, "The GOP leaders are quietly circulating proposals to lower the corporate tax rate from 35 percent to 20 percent and lower the top individual income tax rate from 39.6 percent to 35 percent."

On Sunday, Trump told reporters he hoped to see the corporate tax rate lowered to 15 percent. The President has said that his tax cuts will be funded by high growth.

However, GOP leaders, including House Speaker Paul D. Ryan has said it is impossible to cut the corporate rate to 15 percent without adding too much money to the federal debt

 

 

Sep 25, 2017

US, Japan likely to hold second economic dialogue Oct 16 In Washington

A Reuters source reported on Monday that the US and Japan are likely to hold the second economic dialogue on Oct 16th in Washington. Separately, Ja
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Sep 25, 2017

US issues proclamation putting restrictions on travel from N Korea, Chad, Iran, Libya, Somalia, Syria, Venezuela & Yemen

Reuters reported earlier today that the US issued a proclamation putting restrictions on travel from North Korea, Chad, Iran, Libya, Somalia, Syria, V
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