- Tax Reform is Mnuchin’s ‘No. 1 Focus’
- June 29, 2017
Treasury Secretary Steven Mnuchin stated that the Trump Administration and Congress are wholly dedicated to passing tax reform this year. He foresees tax reform encompassing lower tax rates accompanied by cuts to special interest preferences and the implementation of a territorial tax system. Secretary Mnuchin observed that slow corporate tax receipts are a byproduct of the tax reform initiative as companies await the outcome of reform efforts.