Donald Trump's tax plan will boost the nation's economy and the country's businesses, economist and television host Larry Kudlow said Sunday.
"It's business who are hurting, as I've said before,"
Kudlow told the John Catsimatidis radio show Sunday. "Business investment actually peaked about the year 2000 and so did wages, and I don't think that's a coincidence."
Trump, Kudlow said, is the "only guy out there with a comprehensive business tax cut and I think that's the single most important potential growth stimulate."
Under Trump's tax plan, no business of any size will pay more than 15 percent of business income in taxes. The presumptive GOP nominee says the lower rates will "make corporate inversions unnecessary by making America’s tax rate one of the best in the world."
Kudlow, who is helping
fellow conservative economist Stephen Moore rewrite Trump's original plan, predicted that the Trump plan will end "K Street cronyism" by ending "so many, if not most, of the deductions and loopholes and credits. Everyone wants their own special interests."
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