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Treasury's Mnuchin concerned about alternate scoring models of Trump tax plan

Reuters  |  WASHINGTON 

By Lindsay DunsmuirWASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin told lawmakers on Thursday that he has some doubts that what are known as alternate scoring models will give enough credit to the potential for economic growth when assessing the impact of the Trump administration's tax plan.In late April, the administration put out a one-page overview of its tax reform plans, which would cut taxes for businesses to 15 percent, as well as cutting taxes and simplifying income tax brackets for individuals. Critics questioned how the tax cuts would be offset without driving up the ...

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First Published: Fri, May 19 2017. 00:15 IST
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