Claim: Former President Donald Trump is proposing to lower the federal corporate tax rate to 15%, insisting that when he lowered it to 21% starting in 2018, revenues received by the government actually went up due to economic growth it spurred. Economists say that's not what happened.
Fact-check: Trump's Spin on Tax Cuts Raising Revenues - FactCheck.org
Verdict: former president donald trump is proposing to lower the federal corporate tax rate to 15%, insisting that when he lowered it to 21% starting in 2018, revenues received by the government actually went up due to economic growth it spurred. economists say that's not what happened.
Organisation: FactCheck.org
Author: Robert Farley
Date published: 2024-10-16T17:11:05