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'Trump To Tap Musk To Head Proposed Government Efficiency Commission; Former President Also Reiterates Calls For Lower Corporate Tax Rate And Steep Regulation Cuts' - WSJ

Author: Benzinga Newsdesk | September 05, 2024 01:44pm

https://www.wsj.com/politics/policy/trump-to-adopt-elon-musks-proposal-for-government-efficiency-commission-e5c05514?mod=latest_headlines

Donald Trump outlined a suite of economic proposals in a speech here Thursday, including formally introducing a government efficiency commission to be headed by Elon Musk, cutting the corporate tax rate to 15% for companies that make products in the U.S., and creating a sovereign-wealth fund.

He also said he would rescind certain unspent funds appropriated during the Biden administration and proposed barring people in the country illegally from obtaining a mortgage.

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