Trump vows 'tremendous incentive' on taxes during NYSE visit

Published On Dec 12, 2024, 10:31 AM

During his recent visit to the New York Stock Exchange, President-elect Donald Trump announced significant tax cuts, proposing a reduction in corporate tax rates to as low as 15% for companies that produce goods in the U.S. He stated that these incentives are unmatched globally and indicated that such policies would foster an economy that boosts production and lowers prices for consumers. This announcement comes alongside his plans for increased domestic energy production and repercussions for international trade agreements, specifically with Canada and Mexico.