Trump’s folly to cut corporate tax will change nothing

S.China Morning Post Monday, 11 December 2017 ()
Hong Kong would not reduce taxes across the board despite an anticipated global race to make corporate rate cuts following a US Senate vote to lower the amount businesses pay, the city’s finance chief said (Sunday). - SCMP, December 11 There is a simple story here and it is a false one that Financial Secretary Paul Chan Mo-po is quite right to reject although I am not sure he understands why he is right. The story is that economic growth is slow across the world is because corporate taxes...
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News video: Trump Confident He Can Get 20 Percent Corporate Tax Rate Passed

Trump Confident He Can Get 20 Percent Corporate Tax Rate Passed 00:38

 President Donald Trump wants the U.S. corporate tax rate to be 20 percent and is confident he can craft a deal to avoid a government shutdown, White House legislative affairs director Marc Short said on Thursday. Short said he hoped Trump’s meeting with Republican and Democratic congressional...