Publisher: Maaal International Media Company
License: 465734
US President-elect Donald Trump made a fresh round of tax cuts to corporations, a top priority for many political donors and business leaders gathered on the New York Stock Exchange trading floor.
The president-elect pledged to cut the corporate rate to 15% from 21% and said he was talking to his advisers about cutting taxes on capital gains and dividends, changes that would be popular with investors and likely to spark a market rally.
“I really wanted to get it down to 15%, and we’re going to be able to do it,” Trump said in an interview with CNBC. “We’re going to continue to cut taxes even more.”
Trump also promised to do something big with cryptocurrencies. He pledged to cut federal regulations and has begun naming regulators, including Paul Atkins at the Securities and Exchange Commission, who are seen as friendly to the digital asset industry.