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What A 15 Percent Corporate Tax Rate Would Mean

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President Trump at the Treasury Department in Washington, Friday, April 21, 2017. (Alex Brandon/AP)
President Trump at the Treasury Department in Washington, Friday, April 21, 2017. (Alex Brandon/AP)

White House officials are on Capitol Hill on Tuesday to lay out the administration's plans for changing the American tax code ahead of President Trump's tax announcement Wednesday.

The Wall Street Journal and The New York Times are reporting that Trump has asked advisers to find a way to cut corporate tax rates to 15 percent, down from 35 percent.

Here & Now's Meghna Chakrabarti checks in with Douglas Holtz-Eakin (@djheakin) of the conservative think tank American Action Forum.

This segment aired on April 25, 2017.

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