Ledger · 2024 campaign · № 214
Cut the corporate tax rate to 15% for U.S. manufacturers
Partial“[paraphrase] We will reduce the corporate tax rate to 15 percent, but only for companies that make their product in America.”
- Promised
- , Economic Club of New York
- Re-promised
- 5 times with a fresh deadline
- Topic
- Taxes & deficit
- Era
- 2024 campaign
What happened
The 2025 tax law left the statutory corporate rate at 21%. Instead of the promised 15% domestic-manufacturer rate, it restored 100% bonus depreciation and immediate R&D expensing. PolitiFact rated the promise a Compromise as of its Jan. 2026 review.