Mnuchin says business tax rate at 15 percent in Trump tax planWASHINGTON (Reuters) - U.S. Treasury Secretary Steve Mnuchin said the plan for “the biggest tax cut” in U.S. history due to be released later on Wednesday by the White House would cut the business tax rate to 15 percent, including for small businesses. “This is going to be the biggest tax cut and the largest tax reform in the history of our country,” Mnuchin said at a news forum in Washington. He said there was fundamental agreement between President Donald Trump’s administration and the Congress on the goals of the tax reform, and the details would be worked out. Separately, House of Representatives Speaker Paul Ryan said he had seen a “sneak preview” of the plan. “We like it a lot, it puts us on the same page, we’re in agreement on 80 percent and on the 20 percent we’re in the same ballpark,” Ryan said. politicsNews
mnuchin says business tax rate percent trump tax planwashington reuters treasury secretary steve mnuchin said plan biggest tax cut history due released later wednesday white house would cut business tax rate percent including small businesses this going biggest tax cut largest tax reform history country mnuchin said news forum washington he said fundamental agreement president donald trump administration congress goals tax reform details would worked separately house representatives speaker paul ryan said seen sneak preview plan we like lot puts us page agreement percent percent ballpark ryan said politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Mnuchin says business tax rate at 15 percent in Trump tax planWASHINGTON (Reuters) - U.S. Treasury Secretary Steve Mnuchin said the plan for “the biggest tax cut” in U.S. history due to be released later on Wednesday by the White House would cut the business tax rate to 15 percent, including for small businesses. “This is going to be the biggest tax cut and the largest tax reform in the history of our country,” Mnuchin said at a news forum in Washington. He said there was fundamental agreement between President Donald Trump’s administration and the Congress on the goals of the tax reform, and the details would be worked out. Separately, House of Representatives Speaker Paul Ryan said he had seen a “sneak preview” of the plan. “We like it a lot, it puts us on the same page, we’re in agreement on 80 percent and on the 20 percent we’re in the same ballpark,” Ryan said. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: mnuchin says business tax rate percent trump tax planwashington reuters treasury secretary steve mnuchin said plan biggest tax cut history due released later wednesday white house would cut business tax rate percent including small businesses this going biggest tax cut largest tax reform history country mnuchin said news forum washington he said fundamental agreement president donald trump administration congress goals tax reform details would worked separately house representatives speaker paul ryan said seen sneak preview plan we like lot puts us page agreement percent percent ballpark ryan said politicsnews