Newly appointed White House economic adviser Larry Kudlow appeared on CNBC’s “Closing Bell” Wednesday and said he may push to lower the corporate tax rate even further.
When Kudlow was asked if there were immediate plans to lower the corporate rate, he said nothing was set in stone, but expressed a desire to knock it down to 15 percent.
“I hate to say I don’t expect it. Look, I want 15 percent corporate rate. It’s 21. But, no, I don’t think so not this time around,” Kudlow said. “But the key here with all the politics and so forth, if the economy is growing as we expect it to grow, that is a terrific thing for Mr. Trump to run on and for the Republican party to run on. But there has to be good messaging on this.”
Kudlow then praised President Donald Trump’s administration’s tax cuts and said the more people learn about the law, the more they like it.
“If I have any fault with the White House, I don’t think they’ve had enough — really hammer this thing in. My man. Go for it,” he added. “You’ve got a pretty good product. The polls show it’s popular. The more people know it, the more like it. So get out there and push.”
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