In an interview on Fox Business Network, Trump said he “may bring down the 21 percent down to 20,” calling a 20 percent rate an “even number.”
Trump also said that he would cut taxes for middle-income people, though he did not provide specifics.
Trump’s position on the corporate tax rate contrasts with that of Democratic presidential nominee Joe Biden
The president’s comments are in line with remarks Mick Mulvaney
“He’s never liked the fact that the corporate tax is 21 percent. He always wanted it to be 20,” Mulvaney said about Trump at the time.
Trump’s 2017 tax-cut law lowered the corporate tax rate from 35 percent to 21 percent.