Trump administration policy delays may slow economic growth in Canada

The Trump administration took office promising to take quick actions to stimulate economic growth in the United States. Two particularly important features of the administration’s campaign platform were corporate tax reform and deregulation. Indeed, in mid-February, Trump promised to announce a “phenomenal” tax reform proposal in two to three weeks. And Tuesday, during his address to Congress, he talked about “big, big cuts” to business taxes.The main contours of Trump’s initial proposal include reductions in individual and corporate tax rates, full and immediate expensing of business capital investments and incentives for the repatriation of retained earnings held overseas by U.S.

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