Exclusive: Republican U.S. tax framework sets 20 percent corporate rateWASHINGTON (Reuters) - Republicans in the U.S. Congress and the White House called for slashing tax rates on businesses and the wealthy on Wednesday, as part of a new tax plan that offers few details about how to pay for tax cuts without expanding the federal deficit. Hammered out over months of high-level talks among Trump aides and top Republicans in Congress, the plan proposes: a 20 percent corporate income tax rate; a new 25 percent tax rate for pass-through businesses including partnerships; and a reduced 35 percent top income tax rate for individual Americans, according to a framework seen by Reuters. politicsNews
exclusive republican tax framework sets percent corporate ratewashington reuters republicans congress white house called slashing tax rates businesses wealthy wednesday part new tax plan offers details pay tax cuts without expanding federal deficit hammered months talks among trump aides top republicans congress plan proposes percent corporate income tax rate new percent tax rate businesses including partnerships reduced percent top income tax rate individual americans according framework seen reuters 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: Exclusive: Republican U.S. tax framework sets 20 percent corporate rateWASHINGTON (Reuters) - Republicans in the U.S. Congress and the White House called for slashing tax rates on businesses and the wealthy on Wednesday, as part of a new tax plan that offers few details about how to pay for tax cuts without expanding the federal deficit. Hammered out over months of high-level talks among Trump aides and top Republicans in Congress, the plan proposes: a 20 percent corporate income tax rate; a new 25 percent tax rate for pass-through businesses including partnerships; and a reduced 35 percent top income tax rate for individual Americans, according to a framework seen by Reuters. 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: exclusive republican tax framework sets percent corporate ratewashington reuters republicans congress white house called slashing tax rates businesses wealthy wednesday part new tax plan offers details pay tax cuts without expanding federal deficit hammered months talks among trump aides top republicans congress plan proposes percent corporate income tax rate new percent tax rate businesses including partnerships reduced percent top income tax rate individual americans according framework seen reuters politicsnews