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Source: Fortune
In a new economic blueprint that is set to unveil next week, Donald Trump will propose one of the biggest tax cuts since Ronald Reagan’s presidency, an advisor to the Republican Presidential nominee told Bloomberg.
The proposal will reiterate Trump’s plan to cut the corporate tax rate to 15%, Stephen Moore, who is the chief economist for the Heritage Foundation, and of one of the men on Trump’s 13-member economic advisory team that the Republican presidential candidate announced Friday, said.
Although he did not specify a timeline, Trump has managed to whittle down the cost in terms of lost tax revenue by about two-thirds, to $3 trillion, Moore said.
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The plan will also supposedly include the major changes to U.S. energy policy that will make the country the biggest producer in the world of oil and gas, as well as coal, Moore told Bloomberg.
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http://fortune.com/2016/08/06/donald-trump-tax-cut
