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Mnuchin vows 'biggest tax cut' in US history, confirms plan to slash business rate


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(Worthy News) - Treasury Secretary Steve Mnuchin confirmed Wednesday that the Trump administration aims to lower business tax rates to 15 percent, saying a forthcoming proposal will constitute the “biggest tax cut” for Americans in history.

“This is going to be the biggest tax cut and the largest tax reform in the history of our country,” Mnuchin said, as administration officials prepare to outline Wednesday afternoon what he described as “principles” of their tax plan.

Mnuchin, speaking at a Washington forum, would not reveal many specifics but confirmed that they want to lower the business rate to 15 percent. [ Source ]

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It seems that Trump wants to beat Reagan's record for increasing the national debt.   

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I will wait and see but if it is just cuts without closing the loopholes for special interests then yes, he will surpass Reagan but I cant see the Republicans buying this without a way to pay for it

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