Mr. Hatch, of Utah, said that he was not sure how the Congressional Budget Office
would analyze the corporate tax plan that Mr. Trump is expected to propose.
However, the powerful chairman of the Senate finance committee said Tuesday he was prepared to support President
Trump’s plan to cut corporate tax rates to 15 percent even if it added to the budget deficit.
Mr. Trump has told his staff that he wants to slash the corporate tax rate to 15
percent from 35 percent even if doing so increased the federal budget deficit.
In a public announcement on Wednesday, Mr. Trump is expected to lay out a broad tax plan that includes lowering corporate taxes to 15 percent.
Mr. Wyden said that Mr. Trump should heed the lessons from the failed effort of
Republicans to repeal the Affordable Care Act without input from Democrats.
Trump Is Said to Abandon Contentious Border Tax on Imports -
By KATE KELLY, RACHEL ABRAMS and ALAN RAPPEPORTAPRIL 25, 2017
WASHINGTON — The Trump administration has dropped any support for a so-called border adjustment
tax on imports, according to two people who have been briefed on the matter.