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Outcome of the 15% corporate tax rate proposal for U.S. manufacturers by December 31, 2025?
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Resolution / Starting Odds
Passed as proposed • 25%
Passed with modifications • 25%
Not passed • 25%
Other • 25%
Official U.S. government publications or announcements from Congress
Story
Trump Proposes 15% Corporate Tax Rate for U.S. Manufacturers, Aiming to Boost Domestic Production
Dec 12, 2024, 02:36 PM
President Donald Trump has announced plans to reduce the corporate tax rate to 15% for companies that manufacture their products in the United States, offering a significant incentive for domestic production. This proposal aims to provide a substantial tax cut from the current rate of 21%, with Trump emphasizing that this benefit would be exclusive to companies that build in the U.S., stating, 'You pay 21% if you don't build here. And if you do, we're going to get it down to 15% but you have to make your product in the USA.'
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Passed • 25%
Rejected • 25%
Modified and passed • 25%
No action • 25%
Yes • 50%
No • 50%
Passed into law • 25%
Rejected by Congress • 25%
No action taken • 25%
Other outcome • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Relocate manufacturing to the U.S. • 25%
Expand existing U.S. manufacturing • 25%
No significant change • 25%
Other strategic moves • 25%
