US President Donald Trump announced his intention to work with Republicans in Congress to significantly reduce taxes for both citizens and companies. About this informs Reuters agency.
“We will significantly lower taxes for families, workers and companies, including abolishing the tax on tips and, hopefully, social security and overtime.” Trump said.
According to him, the plan also provides for reducing the tax burden on domestic oil and gas producers. In addition, companies will be given the opportunity to write off 100% of the costs of building new factories and capital investments.
“If you buy something useful for our country, we will allow you to write off those costs”, – emphasized the US president.
We will remind that on January 21, Donald Trump withdrew the USA from the global agreement on corporate tax.
