[Chgogal]

From the executive summary:

http://taxfoundation.org/article/details-and-analysis-donald-trump-s-tax-plan

Business Tax Changes
Cuts the corporate income tax rate from the current 35 percent to 15 percent.
Ends the deferral of income from controlled foreign subsidiaries, but preserves the foreign tax credit. It would also enact, as a transitional revenue raiser, a one-time deemed repatriation tax of 10 percent on all foreign profits currently deferred.

Taxes pass-through businesses at the rate of 15 percent commensurate with the traditional corporations.
Caps the deductibility of interest expenses.

[Sasha_S]

Thanks, Chgogal. I’d seen the Tax Foundation article, and skimmed it, but missed the line on corporate taxes. If he holds to that, it is reasonably heartening. I’d prefer a flatter tax on the personal side, but I think I lower, flat corporate tax rate regardless would pay us all bigger dividends sooner.