Donald Trump Campaigned on Cutting Corporate Taxes – Where Does That Promise Stand Today?

Former prime minister mimics Donald Trump

Malcolm Turnbull has called on Australia's leaders to stand up to Donald Trump while impersonating the US president.

Donald Trump Campaigned on Cutting Corporate Taxes – Where Does That Promise Stand Today?

President Donald J. Trump’s 2024 electoral campaign was buoyed by the hope that his leadership would return the economic prosperity of his previous term, which had been decimated by Bidenomics and rampant Congressional spending, fueling inflation to the worst levels in 40 years. Central to President Trump’s strong economic performance from 2016-2020 was the 2017 Tax Cuts and Jobs Act, which reduced corporate taxes from 35% to 21%.  TCHA resulted…