Trump Vows 15% Corporate Tax, Taps Elon Musk For Federal Audit | Bloomberg The Pulse 09/06/24

Donald Trump has pledged to cut the corporate tax rate, slash regulations and audit the federal government as he unveils his economic plan running for the highest office in the White House. The centerpiece of his address was a push to reduce the corporate tax rate to 15% for companies that make their products in the US. That move would be a large reduction from the current 21% rate — a key policy win from Trump’s own 2017 tax law. The former President also vowed to establish a task force to review federal expenditures, an idea recommended by Tesla and SpaceX CEO, Elon Musk. Trump said the commission would be “tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms.”

Today’s guests: Vasiliki Pachatouridi, BlackRock; Famke Krumbmüller, EY; Adam Turtle, Rede Partners CEO
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:58 – Dollar under pressure ahead of US jobs data
00:03:52 – Vasiliki Pachatouridi, BlackRock
00:09:31 – Michel Barnier named as new French PM
00:12:00 – Famke Krumbmüller, EY
00:16:46 – Defense ministers meet in Germany
00:18:15 – Headlines
00:20:26 – Paulson on fed rates path, economy, inflation
00:21:01 – Donald Trump vows 15% corporate tax
00:23:16 – Kamala Harris pushes 28% capital gains tax
00:24:32 –
00:25:09 – Trump taps Elon Musk for federal audit role
00:26:48 – OPEC+ delays output boost
00:29:38 – Oil demand in China and India slowing
00:31:52 – Adam Turtle, Rede Partners CEO
00:38:04 – Greece faces worst wildfire season in two decades
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