Asked if that would include rules against tax-driven foreign corporate deals known as inversions, Mnuchin said: “It’s one of the significant things and one of the things we would be looking at.”
Trump and Republicans in Congress view tax reform as the best vehicle for eliminating what they say are tax incentives for U.S. companies to move their headquarters, manufacturing facilities and jobs overseas.
(In 9th paragraph corrects to show that this was Trump’s initial tax plan during the election campaign and that he later revised his proposal on the number of tax brackets. In 10th paragraph deletes reference to Trump’s position on his original plan or Ryan’s.)
(Additional reporting by Ayesha Rascoe and David Alexander; Editing by Bernadette Baum and Alistair Bell)
