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Trump Set to Call for Big US Corporate Tax Cut

U.S. President Donald Trump is set to call for a sharp reduction in the nation's corporate tax rate, the highest among the world's industrialized countries. Trump is planning to unveil his tax plans Wednesday, with aides saying he will ask Congress to slash the current 35 percent rate down to 15 percent, a pledge he first made during last year's presidential election campaign. White House spokesman Sean Spicer said the U.S. has been "uncompetitive" against other...

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