During his presidency,Donald Trumpslashed the corporate tax rate from 28 percent to 21 percent.
The law has significantlyexpandedthe U.S. budget deficit, and helped workers far less than Republicans promised.
Only a month ago, Trumppitchedtop business CEOs on a 20 percent corporate tax rate.
Donald Trump attends the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin.Andrew Harnik/Getty Images
He recently toldBloomberg: I would like to get it down to 15.
Thats more than all federal K-12 education spending, per the group.
Trumps corporate tax cut pledge isone of many policy changeshe has been promising to prospective donors.
In May, Trump reportedly warned donors that Biden would allow his 2017 tax law to expire.
