As of late Tuesday, the plan did not include Mr. Trump’s promised $1 trillion infrastructure program, two of the people said,<br />and it jettisoned a House Republican proposal to impose a substantial tax on imports, known as a border adjustment tax, which would have raised billions of dollars to help offset the cost of the cuts.<br />Trump’s Tax Plan: Low Rate for Corporations, and for Companies Like His -<br />By JULIE HIRSCHFELD DAVIS, ALAN RAPPEPORT, KATE KELLY and RACHEL ABRAMSAPRIL 25, 2017<br />President Trump plans to unveil a tax cut blueprint on Wednesday<br />that would apply a vastly reduced, 15 percent business tax rate not only to corporations but also to companies that now pay taxes through the personal income tax code — from mom-and-pop businesses to his own real estate empire, according to several people briefed on the proposal.<br />Mr. Brady said Tuesday that he would press ahead with the import tax, not merely<br />because it would make up for lost revenue but because it would protect American jobs.
