Update: Trump vows to cut corporate tax to 20%

The US President Trump is speaking and making remarks on tax reform, saying that it is a middle-class tax reform plan'.

Trump has vowed to lower corporate taxation from 35% to 20%.

• Trump has vowed to double the amount of income Americans can earn at zero income tax
• He is also working to end a state duty on the Estate Tax
• US business taxation is the highest in the world, 60% higher than the average economic competition