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Trump tax plan expends recession-fighting U.S. business tax break

Reuters Wednesday, 4 October 2017 ()
WASHINGTON (Reuters) - President Donald Trump's tax plan would let U.S. companies take bigger, faster deductions on capital investments, a step some experts said would deplete Washington's policy arsenal by using up a tax break normally reserved for fighting recessions.
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News video: Trump warns Donnelly against opposing GOP tax plan

Trump warns Donnelly against opposing GOP tax plan 01:15

During a speech in Indianapolis, Sept. 27, President Trump said he will campaign against Sen. Joe Donnelly (D-Ind.) “like you wouldn’t believe” if Donnelly opposes the GOP tax plan.

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