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Trump administration announced a tax reform that means: "cut taxes for the rich"

 04/27/2017 - 03:35
US Treasury Secretary Steven Mnuchin (R) and National Economic Director Gary Cohn (L) participate in a news conference to discuss the tax reform plan of US President Donald J. Trump, in the James Brady Press Briefing Room at the White House in Washington, DC, USA, 26 April 2017. EPA/MICHAEL REYNOLDS

Treasury Secretary Steven Mnuchin on Wednesday outlined President Donald Trump"s tax overhaul plan, which calls for slashing the corporate tax rate from 35 percent to 15 percent. Critics immediately called it “basically a huge tax cut for the rich”.