Deloitte Survey: Few Expect Trump’s 15 Percent Corporate Tax Rate

Only a small number of U.S. tax, finance and business professionals expect President Donald Trump’s 15-percent corporate tax rate to become reality as part of tax reform, according to a Deloitte Tax LLP survey released on Tuesday.

The poll of more than 3,100 people offered a glimpse of private-sector expectations about tax reform that are less optimistic than public statements from Trump administration officials and lawmakers.

Trump and his fellow Republicans are pushing to get the corporate income tax rate down from 35 percent to 15-20 percent, saying that doing so would drive U.S. economic growth and competitiveness in coming years.

Just under half of the poll’s participants viewed a lower corporate rate as being the main economic driver of tax reform, but nearly 40 percent predicted the rate would end up at 25 percent, due to the political and budgetary challenges facing tax reform.

Thirty-one percent of those surveyed



Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!