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Business Politics

Trump’s Treasury pick says he wants to slash taxes across the board

In line with President-elect Donald Trump‘s proposals, Steve Mnuchin told CNBC on Wednesday his focus as Treasury secretary will be stimulating economic growth and creating jobs through tax reform.

“By cutting corporate taxes, we’re going to create huge economic growth and we’ll have huge personal income,” Mnuchin told “Squawk Box,” confirming he has been tapped for Treasury secretary.

Reducing the corporate tax rate from 30 percent to 15 percent will be a major goal for the Trump administration, the former Wall Street executive said. – READ MORE